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Technology Stocks : Inter-Tel INTL Bottom Fishing
INTL 28.12-0.6%Oct 30 5:00 PM EST

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To: Louis Cornell who wrote (117)11/7/1997 5:16:00 AM
From: Pete Ryley  Read Replies (1) of 156
 
Supposedly just before the close someone dropped 50K shares to sell. It would appear it was "almost" a market order, which to me is scary because it says "just get me outta here". This bothers me also. No news except INTL's announcement from the 5th, which seemed just fine. Microsoft announced enchancements in their internet telephony product, but the way I read it, it is not doing what the INTL product does. So, the bottom line is, I dunno. Oh, and by the way, of course I bought a bunch of this treasure yesterday moring. Nothing like starting a position down by 6K at the end of the first day, to make your entire day. Never the less, I am a long, and along for the ride. We'll see.Pete
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