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Technology Stocks : INEL - Inteligent Electronics ?

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To: r q lad who wrote (23)1/24/1997 4:20:00 PM
From: brian chan   of 234
 
Well let's take look at the bottom line -- if they sell the XLCT, they will realize more real asset value and put more cash back into
the company. INET is clearly concern with the 50% drop in their
stock today and wants to do something to bring the stock back to
its intrinic value. That's why they put out the news release.
I read this as a _good_ sign. Why would this be bad? You don't think the company will nail their own coffin, do you? I mean, blood was
_already_ flowing everywhere. One insider owns 3M shares. I don't
think he's too happy today. B-)

Expect the stock to react favorably when it opens Monday.
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