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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: Hal who wrote (123)11/25/1997 10:13:00 PM
From: Pete Ryley  Read Replies (1) of 156
 
Greetings Hal!
It is because of their private placement which was, I believe, priced yesterday after the close. I don't like it, and who would, seeing as how I bought a position in this name just hours before they announced their secondary, but that's the way it goes. It will come back. I am not aware that any fundamentals have changed. FWIW (nothin) I remain very long.
Good luck and.... regards, Pete
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