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Technology Stocks : Inter-Tel INTL Bottom Fishing
INTL 28.09+0.3%Nov 3 4:00 PM EST

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To: Roy Pierson who wrote (113)10/31/1997 7:06:00 PM
From: laleh  Read Replies (1) of 156
 
Oct. 31, 1997, Inter-Tel Inc. (INTL) said it registered with the SEC 3,070,000 common shares to be offered for public sale, including 3,000,000 shares to be offered for the company and 70,000 for certain shareholders.

The common would be offered through a group managed by NationsBanc Montgomery Securities Inc., Donaldson Lufkin & Jenrette Securities Corp., and Jefferies & Co. Inc.

Source:
biz.yahoo.com

Ouch! Their short term picture just lost its attractiveness.
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