SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ITII-(ITI Technologies) have a look

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Flan who wrote (145)9/23/1997 5:14:00 AM
From: Mark A. Stang   of 165
 
Flan:

On Friday I sold off my entire position when my 26 1/8 stop loss order went off.

I think ITII is a great company and is under-valued in terms of its fundamentals, but it has been very sluggish lately. I am somewhat concerned about ITII's ability to meet earnings this quarter because certain remaining ADT purchase orders are being deferred into 4-Q. (I don't remember the exact details, but I posted a detailed account of last quarter's conference call the day it took place, so if you check April postings you can find it.) I also got a little bored with ITII's total lack of news, perhaps the market has also. I'm not looking for press releases to build momentum, because ITII is not a momentum stock, despite its big rise from a precipitous fall last November. But I like to know what's going between quarters.

Having said all that, I still think ITII is a great company (hard not to love a company that gave me a 117% return in 10 months) and will be looking for a re-entry point in the future.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext