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Technology Stocks : Intek (IDCC)`

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To: ed who wrote (21)12/24/1996 11:09:00 AM
From: Mark Mattson   of 120
 
Ed,

I'm sorry, I don't understand the nature of your question. Would I but 5,000 shares of INTEK at $2.50? Certainly. Would I buy one million shares of Microsoft at 50 cents. Absolutely! The problem is that neither stock sells at these prices. Regarding a downslide, I passed on the opportunity to sell size that I bought at $5 when INTEK hit $7. Call me stupid, but I think that the upside is much larger than this and the flucuations based on little volume do not concern me. Of course, I wish I had sold at $7 and bought back at its current price. But I not a genius. Before you give up or get worried, wait until after January 5.

Mark
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