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Technology Stocks : ICO (Inacom) LeadingTech Mgmt Services Co -- Ignore unavailable to you. Want to Upgrade?


To: Douglas V. Fant who wrote (228)7/12/1999 6:11:00 PM
From: Kevin Winters  Read Replies (1) | Respond to of 274
 
You're not alone. I've been watching this stock for several months now. The volume and price increase today, however, was a bit of a surprise. For awhile now, the stock has hovered around the 12.5 price, flucuating 1/16 to 1/4 either way. It looked like the stock was going to wait for earnings later this month and then decide which way to start moving. The Blue Shield contract announcement today was a big contract, but I don't think that was the main factor in today's big price move.

Several contacts within the company indicate Inacom will make or exceed estimates. I think Inacom has shaken off the effects of the merger and we will soon see ICO rebound back to the 20's in the near future.

I was going to wait until the earnings announcement drew closer, but today's activities compelled me to buy 500 shares. I have another 500 shares earmarked for a future buy.