Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

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To: Stock Watcher who wrote (300)	1/21/1999 9:32:00 AM
From: Francois Goelo	Read Replies (1) of 52051

Stock Watcher, Ref INNI float.... It is quite correct that EPS must be calculated on the basis of 31 Millions shares. I can account for 13 Millions shares owned by J. Knapp, President (6 Mil); Steve Markee, CEO (6.6 Mil) and IBM (1Mil): it is all public information previously released. Yonghzi has done extensive research on the subject and has also confirmed 11 Million trading float (see INNI thread). I agree with you that it will shortly be a $4.00 stock, which is my initial target. Watch FTEL: it starts to look toppy and if midday volume is significantly down, I will sell. Regards. F. Goelo+ + + +

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