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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Raj Ramaswamy who wrote (61025)1/12/2000 9:12:00 AM
From: Note bene  Read Replies (2) | Respond to of 108040
 
Briefing.com has a piece on INTA today as well predicting that INTA could see the mid-teens or higher in the near future based on its investment in interWAVE communications (IWAV). INTA basically owns 1.43 millions shares of IWAV at a cost base of $1/share. IWAV is going to IPO towards the end of the month at an expected price of $14, and could see $50 or $60 on the first day of trading, making INTA's stake worth close to $100 million. This value is in addition to all of INTA's other holdings including TEC and Mamma.com which should be IPO'd in the near future as well. IMHO INTA should see $20 before the end of the month.

Do your own due dilly.