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


To: Mark Oliver who wrote (2462)5/6/1998 10:51:00 AM
From: Douglas V. Fant  Read Replies (1) | Respond to of 3029
 
Mark, Bummmer! I track about 40 stocks dailiy on the SI QUotes function. I completely overlooked that INVX had sagged to around $24/share... (We were playing in an OTC:BB stock called GNNX yesterday) I see that INVX popped right back up...

Sincerely,

Doug F.



To: Mark Oliver who wrote (2462)5/7/1998 9:27:00 PM
From: Joe Btfsplk  Respond to of 3029
 
Today's WSJ electronic: SMARTMONEY DAILY SCREEN: Innovex: Hard Drive, Slow Recovery

A few snips

Re hard drives: "What is new is that bargain hunters have finally begun creeping back into the sector,.....noting that bloated inventories are finally shrinking to manageable levels"

"If that's true, it should be good news for Innovex Inc. (INVX) which turned up on this week's iteration of the SmartMoney Bargain Growth Screen.......Innovex expects its third quarter to show sequential improvement over the quarter just ended. The good news is that cost control and the company's huge market share mean earnings should improve quickly whenever demand finally does re-emerge."

"Innovex has kept its fixed costs in line, unlike its money-losing rival Hutchinson Technology Inc."

The article goes on to note that INVX owns 2/3 of the market and is the low cost producer with P/E's now at "mouthwatering" discounts. All in all, a very positive article.