INEL - Inteligent Electronics ? Message Board

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Technology Stocks : INEL - Inteligent Electronics ?

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To: taxikid who wrote (84)	2/11/1997 10:42:00 AM
From: Dave Gahm	of 234

Rob, It looks some some patience will be required to make any money on INEL. When the IRS approves the spinoff we should see a pop. You make a good point about the impact of the spinoff on XLCT...historically in these kind of deals the spunoff company does tend to get pushed down by the selling. In the longer term everything depends on how these 2 companies perform financially. If XLCT continues to grow it will soon be a $10 plus stock again....spinoff or not. INEL will probably continue to be a horrible business, with the best hope being a buyout by one of the more successful resellers. At $4 a share INEL already seems to have discounted a worst case scenario, hopefully the surprises from here will be positive. Dave

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