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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (32712)	8/23/2000 3:32:04 PM
From: maverick61	Respond to of 57584

In looking at Bud's list, one stock popped out to me. IGTE (IGate Capital - formerly mascot Corp.). Its trading at its 52 week low, but I don't think this one deserves to be or is a rat-dog. I think most of the reasons it is at its 52 week low are: 1. it is misunderstood 2. it has changed its structure from an IT staffing / consulting company to a holding company with many different subs focusing on various IT aspects 3. Part of its appeal is its future plans to spin off some subs via IPOs (and the weakness in the IPO market has hurt it) This company i in the area I live - so I catch local news on it. I think it has made some very goo recent hires in important positions, and has been executing its new business plan quite well. From a financial perspective, its numbers look decent: biz.yahoo.com biz.yahoo.com It also continues to make goo dstrides in many of its business as evidenced by the following contract wins or partnerships among others: biz.yahoo.com biz.yahoo.com biz.yahoo.com Unfortunately, the chart looks downright scary - but thats what makes it a value pick, right - lol bigcharts.com It does appear we have started seeing increased volume the last couple of days - so whether that is a sign that we have reashed bottom, I don't know. But it is an interesting value play to consider.