Intek (IDCC)` Message Board

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Technology Stocks : Intek (IDCC)`

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To: Steven Meadows who wrote (116)	1/31/1998 2:38:00 PM
From: mprider	Read Replies (1) of 120

I don't think stock went up based on Simmon's stock. This stock is being purchased by insiders. Ten top executives, including Bob Shiver, have been purchasing since last Monday, when the window opened to allow to them to buy. Understand that the top 10 will be assigning close to 10% of their salary to stock purchase. Also, Nokia announced yesterday that they were embracing the LM technology. I will post this notice later today. This is enormous news! Also, Shiver is leaving for Helsinki tomorrow morning, and that is not for vacation. I think we are going to see some major happenings in this stock, and hopefully a steady rise from the doldrums. Stock selling seems to have dried up, but you can probably expect resistance as the bottom fishers bail out as it cllimbs to 3 soon.

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