Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (11615)	2/9/1999 10:39:00 AM
From: Gator	Read Replies (1) of 25711

INTK trading very nicely. Still well below book value ($1.42). Industry average is to sell around 3 times book. Volume picked up late yesterday, and already we have more volume in one hour today than all of yesterday. Heavy insider buying. Obviously a takeover candidate with low book, high sales/share ratio, no debt, unused credit line. If we can see the value, you can rest assured that someone else most likely does too. Gator

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