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Technology Stocks : INEL - Inteligent Electronics ?

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To: brian chan who wrote (98)2/23/1997 3:08:00 PM
From: Dave Gahm   of 234
 
Brian, They have 90 days to file yearend results, so it could be May 1 before we see earnings. Anyone know what the estimates are?

The crowd certainly doesn't see a "5 dollar bill" on the floor but that doesn't prove its not there. History shows its a mistake to put much faith in Wall Streets collective judgement.

The news that INEL settled their lawsuit didn't seem to change anyones mind, but could be construed as another move towards a merger or sale. But then again....who would be crazy enough to pay $100 million dollars for a Fortune 500 company with $3 billion in sales ;-)

Dave
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