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up 29.73 %

INTELLON CORPORATION (ITLN) rated Outperform with price target $8 by Oppenheimer

Posted on: Friday,  Feb 29, 2008  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform INTELLON CORPORATION (NASDAQ: ITLN) on 02/29/2008, when the stock price was $5.65. Since
then, INTELLON CORPORATION has gained 29.73% as of 12/15/2009's recent price of $7.33.
If you would have followed this Oppenheimer's recommendation on ITLN, you would have gained 29.73% of your investment in 655 days.

Intellon Corporation is a fabless semiconductor company that designs and sells integrated circuits (ICs) for high-speed communications over existing electrical wiring. Its ICs enable home connectivity, which is the sharing and moving of content among personal computers and other consumer electronics products in the home. The Company also sells its ICs for use in powerline communications applications in electric utility and other commercial markets. In the utility market, its ICs enable various smart grid applications, which help utilities monitor and manage in-home electricity consumption during peak periods. In the commercial market, the Company?s ICs enable the distribution of broadband services over existing electrical wiring and coaxial cable to individual units within apartment buildings and other multiple dwelling units. The Company sells two families of powerline ICs: HomePlug-based ICs and command and control ICs.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/29/2008 8:25 AM Buy
5.65 8.00
as of 12/24/2008
1 Week down  -0.93 %
1 Month up  21.02 %
3 Months down  -29.23 %
1 YTD down  -15.13 %

(*) Stock Price at the time of the recommendation.
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