Looking for info on IMNT Message Board

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Technology Stocks : Looking for info on IMNT

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To: DDuncan who wrote (332)	3/9/1998 8:50:00 AM
From: Rick Smith	of 484

Institutional and Insider ownership at incredible levels. Add the short position of 2 mil + shares and I'm glad I'm not short!! This leaves a very small float. The more I've thought about it over the weekend, the better I like it. The May 30 calls closed at 1 1/16. I really don't like option trading very much but would be much more inclined to buy the May 25's at 2 5/8 if I were so inclined. I've spoken to a couple of institutions that own IMNT and they see 28 very short term. My fear is that there may be some selling as they didn't say if that was a target that they would be selling into, or if instead at 28 they would feel the company was on track and moving nicely. I guess if they told me that, they wouldn't be in biz very long themselves.<G> Good Luck to All. The Point and Figure Chart looks incredible!! R..

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