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Technology Stocks : INVX Innovex Comdex Winner !!
INVX 25.35+5.2%Feb 6 9:30 AM EST

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To: Douglas V. Fant who wrote (2645)8/31/1998 7:04:00 AM
From: t723a  Read Replies (1) of 3029
 
I agree that the bottom has been reached. I had projected more than a month ago that the range for this quarter would be 12-15 and in the next quarter into the area of 20 by end of that quarter. I do not however believe the company will be acquired for a number of reasons stated on Yahoo in the last couple months. The company looks incredibly smart in building up its cash hoard of $55 million which should remain stable thiss quarter since business is expected to be at the same level and the earnings in the same area or slightly better but some expenditures relating to capacity. Do not expect buyback, may have one or two acquuisitions by calendar end outside DD.
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