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Intelek - one to watch (ITK)     

matthew2043 - 22 May 2003 08:31

After being very over sold in the last few months ITK seems to be turning the corner. There could be some serious upside to this one from here.Take a look at the fundamemtals, the chart and the recent contract wins. Does anyone agree?

ainsoph - 22 May 2003 09:31 - 2 of 5

I note their profit warning in feb but seem to be doing better now ....


21.05.03 :+1.5, (8.75) announces that its wholly-owned US subsidiary, Paradise Datacom LLC, has won orders totalling in excess of $1.35M (0.83M) by a major customer for satellite earth station equipment. This equipment is to be used in support of the US Homeland Security initiative. With the anticipated spare units to be awarded shortly, the total project is expected to be approximately $1.6M (1 million) in sales. All equipment is expected to be delivered in the first half of this fiscal year.

matthew2043 - 22 May 2003 22:37 - 3 of 5

Up another 7% today. Am now glad i switched from MDY to ITK two days ago. I feel much more comfortable holding this stock for the longer term.

ainsoph - 23 May 2003 17:51 - 4 of 5

I think mdy have a way to go in order to justify their current valuation and agree this is probably a better opportunity

investinggarden1 - 04 Aug 2009 09:40 - 5 of 5

Change from Speculative Buy to Buy rating

http://www.growthcompany.co.uk/recommendations/1063597/inteleks-increasingly-defensive-appeal.thtml
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