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The stock has doubled so far this year. I believe the reason is that the company has gotten back to its roots. They have shed themselves of some other ventures that caused the company to lose a lot of money. They were trying to get involved into too many other things that caused them to lose focus on their core business. I believe that is why the stock took such a huge dive last year.

I have always said that I think Inter-Tel is a technology company that does not get any respect amongst technology companies. They have some great technology in the phone industry and they have a market niche in selling to small and medium size companies.

My wife is a manager for Inter-Tel. They are busy but not as busy as they were a year ago. The economic slowdown has hit them just the same as everyone else.

swclarkfl.
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