Intek (IDCC)` Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Intek (IDCC)`

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sunny Jim who wrote (13)	11/28/1996 10:45:00 AM
From: Mark Mattson	of 120

Jim, I've been out of town for several weeks. Let me get you up to speed. Once the merger is approved on Monday, Intek and Lehman Brothers will put on a road show developing markets that will drive the price of Intek to 10 or 11 bucks in 60 to 90 days. That price will be the basis of the secondary offering. John Simmonds is an awfully smart guy with plans on the drawing board to bring Intek into the 50+ range. I have to tell you about a little experiment that could mean some serious fast cash. Simmonds is on the Board of Directors of American Digital Corporation (ADCM). Read page 20 in your annual report. You can get news about ADCM from Yahoo Stock Quotes. Intek needs ADCM to grow. ADCM currently sells for 9/32. Intek should buy ADCM, if my guess is right resulting in a buy-back at about a buck a share. Worst case would be ADCM growth resulting in an even larger profit. Mark Mark

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next