SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Corcom Inc. (CORC) -- Ignore unavailable to you. Want to Upgrade?


To: Andrew Spurlin who wrote (45)2/18/1998 8:43:00 AM
From: dwight vickers  Respond to of 54
 
Hi Andrew,

Not sure. This is such a conservative company.

A couple comments.

I sold my shares a few months ago at $9 3/4 because of persistent selling of his shares by a director. Small amounts at a time, but I don't like to see that with no one buying.

I also see that there has been no decrease in O/S here. They had a buyback announced for I believe 200,000 shares and I know from speaking with Tom Buns that they were acting on it. Don't understand that number.

Have to say the stock is cheap and earnings look good. I think top line could be growing faster. All in all I sold because I made a market decision to look for places to take profits.

INNN appears to be going to trial. Means bigger potential than a settlement, but adds the risk of zero back in if the trial is lost.

INNN made the decision not to settle, has a better attorney, and one heck of a case. I'll be buying if it hits 20 cents again. Took some profits in the mid thirties last week when I was told the settlement talks were breaking down.

May even fly out to SF to sit through the trial.

Don't like much on the buy side here (value player, remember?). Miller Ind. (MLR) has had a bunch of insider buying. BMG, HL, NEM are favorites in metals. HL especially is interesting with Mr. Buffett deciding to hoard silver. ALTA has had insider buying and is under $2. SSC is a low priced stock and almost a pure silver play.

I bought BMG and HL slightly under $5, don't know if they will drop that low again. Keep in mind I'm not a gold bug. Recent convert after years of being a metal hating deflationist.

The world is a dangerous place today, even with no inflation. So it's a "real" vs. "paper" asset call.

Let me know if you ever buy INNN and I'll put you on my e-mail list. Occasionally there's updates that don't make the SI board!

Good luck,

Dwight



To: Andrew Spurlin who wrote (45)3/18/1998 7:21:00 PM
From: Ron Sovak  Read Replies (1) | Respond to of 54
 
Company being bought out for $13 with a July transaction date. This is old news and was announced on March 10. I'm feeling quite lucky since I offered up my shares at $10 on March 6, but the bid only went to $9.75 <GGGG>

The bid now is still only $12.25 to $12.625, I'm holding on until the buyout date!

Hope you all had a nice pick-up here also!!!