INVX Innovex Comdex Winner !! Message Board

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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 22.52

-2.3%

Dec 12 9:30 AM EST

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To: Box-By-The-Riviera™ who wrote (2154)	1/24/1998 10:13:00 PM
From: Douglas V. Fant	Read Replies (1) of 3029

Joel, Thanks, but being sharp and making money are two different things! I'd guess flip chip to become a meaningful/significant piece of INVX's business around early 1999- basing that guess on upcoming consumer electronics products which I looked at locally at an electronics show a week ago. When a product shrinks to a certain size then flip chip designs become close to a necessity, such as in pagers,etc.... So consider INVX primarily a dd stock for a little while longer... Andwatch for Asia/Clinton activities maybe to pull back INVX 10% againfor a good entry point... I myself am in long-term and just sell a close to "in the money call" option every month. the premiums on tech stocks are tremendous right now 5-10% for a call in the upcoming month. While tech stocks may have some more downside, the huge imbalance in put/call ratio suggests to me high degree of pessimism - and that we are closer to the bottom than a top in tech stocks.... Sincerely, Doug F. P.S. BTW- Look at FPAM and ASND- both have bottomed technically, both have accelerating earnings, both are takover targets themselves, and both have strong growth rates....As always buy on a pullback....

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