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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Michael Berkel who wrote (12513)8/4/1998 6:18:00 PM
From: LastShadow  Read Replies (1) of 120523
 
INOC

"Michael B. P.S.: I just received an email from the Financial Director stating that INOC will speak with analysts and fundmanagers in the nearby future to emphasize the real value of its business."

I'm not familiar with the company, but when a CEO/COO/CFO starts needing to tout its business to analysts and fund managers, its usually a sign of trouble. Be that as it may...

Today's action lost all of its gain from late July, and with a lot of selling pressure. It trades too thinly (25k shares daily) for me to pattern well, but it has twice bounced back from 9. The two brokers following it both rate it a Strong Buy, and its ranked 17th out of 159 in its sector. INOC is a full-service provider of customized, technology-based marketing support services to large corporations, primarily in the telecommunications industry - not an easy sector to be profitable in.

Definitely worth watching, but if it starts rising, one will probably have to be watching the tick to get on as it wil make most of its climb in a one day.

lastshadow
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