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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (2029)	1/11/1998 1:36:00 AM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 3029

Joel, my guess is that INVX would be more likely to make an acquisition here rather than to be an acquisition target..... or even possibly do a share buyback... Sincerely, Doug F.

To: Box-By-The-Riviera™ who wrote (2029)	1/11/1998 5:27:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 3029

Joel, you sound like a long term investor. I agree, there are many compelling reasons why INVX is a good long term investment, I just believe that the sector is a turkey now and you'll have better places to put your money. The fact that the price has now fallen from 24 makes this arguement less meanlingful. Under $20, INVX is probably a good short term trade as well, but I believe that there is still bad news to come. In general, I believe the average investor would question why you would want to invest in such a risky stock. From outward appearance, INVX is in trouble. Their customers are all having problems, and their main product is at risk of being made obsolete (I don't believe it will be). Therefore, all bets for future sales are, in their minds, at risk. The thing that pisses me off the most is I didn't react well to what was obviously going to be a falling price. The first warnings from Seagate could have been company specific, but when WDC first warned, I should have sold. I feel very stupid for letting my feelings about how I think INVX is such a good a company cloud my judgement. I was hoping for a push from January buying to bring the price up to maybe 28 and possibly 30, at which point I would have gladly sold, but warnings, warnings, warnings have probably killed this chance. So, am I going to chase this company with more money now? No way. I'd rather put my investments into safer stocks. I feel each badly timed warning will quickly take away any gain. I prefer to wait for a more sure momment. Regards, Mark PS The arguement of some company wanting to buy INVX seems strange. How do you see this company fitting into the business plan of another group. Would it be a disk drive company? or a conglomerate that just wants to buy interesting businesses? There may be good reasons for funds to take a larger position, but for the company to be actually bought out seems unlikely to me.