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Technology Stocks : ANDA (Andataco) - formerly IPLS (IPL Systems)
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To: R.S. Blum who wrote (40)2/7/1998 7:28:00 AM
From: Wallace Rivers  Read Replies (1) of 107
 
Scott:
IMHO it would have to be a true boutique house which would pick up coverage, and I would think that would be a long shot, because of this stock's miniscule float. The end game for all these guys (brokerage firms), also IMHO, is investment banking business, and I feel this company is a "fer piece" away from that. And, for better (because it would have to be done at MUCH higher prices) or worse (very little, if any, proceeds would go into the company till), the most likely scenario for said business is if Mr. Sykes sells some of his huge portion of shares out.
Obviously, another benefit of this is this stock would be more liquid at that time.
As always, just my .02, and good luck and good investing.
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