just added to ITL - had to go around all the MMs to hunt for cheap stock. It seemed there was a real stock shortage all of a sudden. Managed to get 0.5p inside with Kleinwort on the last call but he only let me have 25k.
Worth watching - think they have widened the spread to put people off.
Chart looks appealing too with indicators now turning positive, seems ready for a big move.
These boys are winning contracts ding dong andf the Mican forced disposal 2m ago took the steam out of the rise.
That stock seems to have worked its way out of the system so the stock is likely to move ahead now.

Terrible drop.....way overdone by marketmakers....down 20p....crazy !....been caught out here...but expect a good rebound....

Lower H1 revenues may cause it to slump further.

Unbelievable drop here....not in but could not believe the sp....profit warning...

Well...picked up some...could not resist it...hope it's not a diving knife, but the drop looks way overdone...

From this week's Shares Mag:
"The weakness following last months trading update from Intec, a leading provider of billing solutions for telecoms companies, is a buying opportunity as the group remains well placed to benefit as operators struggle to keep up with the growth in data traffic. While the market was disappointed by slightly longer sales cycles, Intec reported momentum in sales orders across all regions, including emerging markets where mobile subscriptions are growing.
The group remains highly cash generative and trades on 9.5 times earnings for 2010 ex-cash. This, according to broker Singer, makes Intec one of the cheapest stocks in the sector. "

There was a large article on the Tech sector & recommendations to buy ITL, SPT, ALU, TCY & IQE, but I still prefer the big boys who are doing well but with much less risk, such as ARM, LOG, DDT. SDL is a smaller play & one which is worth watching, imo.

Thanks...I'm in IQE but the sp just will not go up...but I'll wait....

No rebound yet...perhaps it has not reached the bottom...nobody should sell at these prices.

maybe no one should buy either....

Perhaps...it's a risk but 60p for ITL....crazy...it's worth a lot more....I reckon it might take a few days..a week...but a rebound to 75p...to me looks about right...

buying doesn't look a great idea to me ...... i would not be at all surprised to see further profit warnings in due course

=======

British billing firm Intec Telecom Systems said order delays and pricing pressures would push first-half revenue 10-15 percent below forecasts and hurt profits.
The provider of business-support software to companies such as AT&T Inc , Deutsche Telekom and Vodafone said operators in Europe, Middle East and Africa were shelving projects, resulting in a 5 percent drop in new orders in the first-half.

The shortfall in the six months to end-March would have a direct impact on profit, it said, and if the trend continued full-year revenue could be similarly impacted.

Analysts had expected Intec to report full-year revenue of 173.2 million pounds ($260.4 million), slightly up on the 167.9 million pounds reported for the year to end-September 2009, according to a Thomson Reuters I/B/E/S poll of five brokers.
Pretax profit was seen at 30.4 million pounds, up from 26.3 million pounds in 2009.

and still heading south ..... 56.0/56.75 with few takers and plenty more sellers

It's not company itself...which is great in all sense...but the sp is far too low...should come back...bought too early...but I cannot watch all day long ; had to make a decision there and then.

Little rebound so far but not much...

take a small profit and run!

Just done so, thanks ......taken a little profit ....

just breathe a deep sigh of relief!

Dead cat bounce....but one to watch in a few months time....when things get better.

Took my profit too early...I was right about a rebound due.

no you didn't ..... you took a profit and could easily have lost your shirt

That's if it dropped to 40p or so.....which it hasn't.....