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Technology Stocks : IMRS racking up y2k contracts.

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To: paul e thomas who wrote (1624)11/12/1997 1:48:00 PM
From: Nanda  Read Replies (3) of 3162
 
Paul, I just finished talking with CFO Mr. Hindman. He stated that the company has no bad news at all. Rather everything is positive. He finished talking with 15 of largest stock holders (mutual funds) and assured them that all is well. This carnage is due to couple of mutual funds who decided to get out of all y2k related stocks. Hence a drop in several y2k issues. But at the sametime it has brought new players in the area. He is an extremely nice person who is trying to reach each and every person who has called him. Unbelievable!! God bless him. He feels this personal contact is more positive than issuing a press release which often backfires. MY ANALYSIS: IMRS is healthy and we should see upward movement soon.
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