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Non-Tech : ITEC (formerly PCPK)
ITEC 0.00010000.0%Mar 6 3:00 PM EST

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To: Kelly McLaurin who wrote (9)1/7/1998 8:23:00 PM
From: dstange  Read Replies (1) of 82
 
Kelly, Red Chip still views ITEC very favorably and it remains part of their model portfolio. Red Chip recently stated that ITEC is "suffering from an embrassment of riches" that should be recognized in the new year. I think a few things are happening, certainly the sell of in Asia that hurt other companies in the same field as ITEC have spooked some. Red Chip recently reported on their web site that they have talked to ITEC and ITEC is still comfortable with next quarters projections. Also, there is so much competition in this field that I think analysts are having hard tme detemining who the real winners are, particularly for a small company like ITEC below their radar screens. I am trying to just be patient and hope that ITEC continues to meet earnings and they will be recognized and rewarded.

Best of Luck. Dean
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