INVX Innovex Comdex Winner !! Message Board

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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 22.06

-0.6%

Dec 30 3:59 PM EST

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To: Douglas V. Fant who wrote (2070)	1/16/1998 2:14:00 PM
From: Mike Farrar	Read Replies (2) of 3029

EARNINGS OUT JAN. 20 BEFORE MARKET OPEN Looks like almost all of the 2,896,042 million shorts ( on a float of only 12.9 million shares ) decided not to cover. Did they forget earnings were coming up Tuesday morning and that the markets are closed all day Monday? Maybe they are all sure that INVX will not meet or beat the .49 cents earnings estimate from First Call. The short interest days to cover ratio is 6.64 days on a daily average volume of 436,248 shares. I have a small hunch that INVX will beat earnings estimates and will also get upgraded on Tuesday day. Hope to look for a major short squeeze and a closing price of 25-26 dollars a share, and a closing price on Friday of 29 dollars a share. Good luck to investors who are long, Jeff

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