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Technology Stocks : INSS - International Network Services

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To: Tom Phillips who wrote (43)1/2/1997 1:37:00 AM
From: Sardar Q. Imam   of 446
 
You bring up an interesting point. According to the INS prospectus, Cisco will hold about 8.4% of the company. In addition to that, it talks about vendor relationship with CSCO. On the other hand, it documents this dependence as a 'Risk Factor'.
I am very uncomfortable with my second time investment. The first time I got in around 33 and got out around 46. This time I got in around 33 and have seen it already swing in the range of 28 to 36. The stock has very low volume and that adds a lot of volatility.
Another thing to note is that it was down most of the morning on Friday and then came back in the afternoon when trading was really thin.
I truly recommend getting out of this as soon as a profit is shown. I have put a lot of focus on another stock in the news recenetly, CREAF. Look into it.
Good luck.
Q.
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