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Technology Stocks : Inter-Tel INTL Bottom Fishing
INTL 27.88+0.3%Dec 24 4:00 PM EST

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To: Hal who wrote (126)12/9/1997 12:20:00 AM
From: Pete Ryley  Read Replies (1) of 156
 
Greetings Hal:

If the January effect is the only thing we have to look forward to, then we are in deep yogert. Somethin ain't right here. If this stock had something going there would be active threads on it in
SI Yahoo moringstar anf the Fool. Nothin. Thats for starters. This secondary blindsided me, but looking back if I had taken to heart what the man said about how they MIGHT be going to access the secondary market. BOING! Dat be a sell signal ya dope, (refering to myself).

Anyway, I have a problem with these guys because although they are making money, I think it is just because they the first company that offered a good workable telephony device. And that has served them well. Untill now.

One of the things about this stock that makes me very uncomfortable is the extremely high rate of change takeing place in this niche sector.
I have a very hard time determining if these guys still have a first class product or is there a new kid in town.

My worry is that they need the money to develop the next generation or such. I really am at a loss to understand why INTL has not recoved from a clear case of oversold. Can you identify any fundamental reason? Or am I just feeling abused. What do you say about this?

Regards, Pete
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