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Technology Stocks : ICOM: Investment Discussion

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To: Marc Slovak who wrote (201)8/21/1998 4:43:00 PM
From: G. H.  Read Replies (1) of 494
 
Hello Marc

After swearing off small cap stocks, I had to stumble across this one.
I did some cramming last night and liked what I saw, so I took the
plunge today with an initial entry of 2 7/8. From what little I know so
far I would surmise that the sharp drop to two, followed by a rally
back to three, the other day, was a big short covering their position.
Now I understand that the re-pricing of the preferred conversion
deal, should be complete and the pressure should lift from this point.
This alone is enough to get a boost in the stock, or should be, but
the new product release set for Q-1 looks very good and should
also act as a catalyst for further gains on into 99. I hope I am right
about their potential, if so I should be a happy camper in about 6
months.

Best of wishes

Henry
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