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.
Gold/Mining/Energy : Intrinsyc Software Inc. (T.ICS) (formerly V.ICS) -- Ignore unavailable to you. Want to Upgrade?


To: Codfish who wrote (299)4/1/1998 7:43:00 PM
From: Gary W  Read Replies (1) | Respond to of 1635
 
Bill,

I totally agree with you on that last message. If anything, this represents an excellent buying or accumulating opportunity. Just like the Internet stocks, embedded computing will be the "sexy" topic one of these days and all related stocks will enjoy the same success in terms of stock price. Do you know who Intrinsyc is currently dealing with? There must be some negotiations with some big companies out there.

Gary



To: Codfish who wrote (299)4/1/1998 8:02:00 PM
From: Tom Kinakin  Respond to of 1635
 
Bill,

Intrinsyc attracted a lot of attention during its recent climb from $1.00 to $3.60 during March. A lot of buying came in - especially after the share price broke through $2.00 on good volume. Speculators, especially retail stockbrokers and their clients, have been starved for good trading opportunities and they pounced all over ICS. Some of these traders are taking their short-term losses during this correction. That's their style and tactic. No problem.

A few of my subscribers have mistakenly been taking a little off the table since they have profits of up to 200%. Some of them are now buying back in as the traders provide us with shares that will prove to be very cheap. But the buying will continue as further developments, news and comfort levels are established.

You could be right that the huge gains may be one or two years away but I am confident that purchases at $3.00 have the potential to cash in a few shares at $12 to $15 within eight months time. That's my target and I was a purchaser today in one of my accounts.

I think next week's CE conference will have quite a positive impact on the outlook for Intrinsyc. That's why I was a buyer today. I look forward to some good gains in the next two weeks.

Tom Kinakin
Registered Securities Advisor
(with a position in Intrinsyc Software Inc.)