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Politics : Idea Of The Day

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To: Burjis S. who wrote (13947)	11/11/1997 5:06:00 PM
From: Judy	Read Replies (1) of 50167

Hi, Burjis On IMNX I may take a position sub-60 when/if the stock returns to test its breakout points. While the company may announce good news next week when they announce earnings, it may selloff on good news or the stock could take a hit based on ANALyst comments. Look what happened to CNTO ... IMAT, do you hold it as an investment or trade? I've followed IMAT for awhile now and saw it spike up and double in one day when its Ultrafast CT was validated as a non-invasive detection method for coronary heart disease. Computer tomography is currently an expensive procedure for which HMOs will not pay for. Until the procedure will be covered by HMOs the real upside to IMAT is capped. But in 1-2 years, it is quite possible. Take care.

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