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Technology Stocks : INTT - inTest Corporation
INTT 7.720+2.3%Dec 29 3:59 PM EST

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To: EACarl who wrote (510)10/3/2008 4:37:06 PM
From: The Ox   of 533
 
I'll add that I don't know if there are some institutional holders of INTT that have been forced to sell. If this is the case, we know that no one (very few) is buying stocks like INTT. This creates an imbalance and the stock's fall may be directly related to this. So many companies stocks have seen their prices slashed. With this backdrop, the INTT's of the world are one of the last places they are going to park their money.

I agree that a protracted downturn will take a toll on companies like INTT, will their cash "hoard" be enough to survive the downturn, which currently is expected to last at least until the last part of 2009 or even 2010.

Will they last? If not, who will buy them and for what premium, if any?
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