Ingram Micro IPO Message Board

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Technology Stocks : Ingram Micro IPO

IM 38.89

0.0%

Dec 13 4:00 PM EST

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To: Sam Armstrong who wrote (39)	11/3/1996 10:07:00 PM
From: Chris Perry	of 112

Sam, It is 20m shares. 16m shares in domestic market and 4m in oversear markets. Ingram family retaining 70% ownership. Also, companies next earnings report should exceed companies projections. Major alliance with HP firmed up. As I see it, Ingram is going to act very aggressively to maximize shareholder wealth. The competition should watch out. Look for end of year numbers, I think they should be very good. I see it trading in the high twenties to low thirties around the end of the year. Other industry analysts see it trading near 30 by end of year. I think that major brokerage houses will recommend this as a buy or strong buy in 30 days or so. Keep in mind that Tech Data, Ingrams main compteitor, opened around 19 or so earlier this year. They were are trading around 28 or 29. I haven't checked Tech for a week or so, however. If the number 2 company in the market is trading up almost 10 points, what makes you think that the WORLD LEADER cannot match that performance especially with a new CEO who is putting his money where his mouth is. Chris

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