Intek (IDCC)` Message Board

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Technology Stocks : Intek (IDCC)`

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To: Rex F. Jones who wrote (26)	1/29/1997 7:20:00 PM
From: Mark Mattson	of 120

Rex, Correct me if I'm wrong, I heard that the meeting at Lehman Brothers was tomorrow, although it really doesn't matter. I have heard that the purpose of the meeting is to address the issue of declining stock values. I am told that INTEK is going to ask LB to get its ass in gear with a plan to get the price of the stock headed in the right direction. As I see it there is good news and bad news. The bad news is this: margin calls causing dumps on short volume. The good news is that big (I mean big) players like Securicor and Octagon are looking like a bunch of dopes at the present levels and will pull out the stops to get INTEK on track. As I've been saying for a long time, Lehman Brothers is another positive. They couldn't give a shit about being named financial advisor for INTEK. That position, and the money associated with it, is chicken-change for an outfit like theirs. Their payday comes from organizing a secondary offering at 10 to 12 bucks and supervising impending acquisitions to drive INTEK even higher. I have scheduled a call for tomorrow afternoon to hear what Simmonds says about the meeting. I'll share my conversation with you by 8:00 PM est. Hang in there. Mark

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