IMGX, currently $3.50 Message Board

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Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

0.0%

Oct 28 5:00 PM EST

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To: Michael Sphar who wrote (383)	9/19/1997 7:31:00 AM
From: Jay Morrison	of 665

Michael, That could be, but I will not sink any more money in this stock. It has established a base before, bounced up, then set new lows. The most notable was the low of 2 9/16 last October. Then the Sybase deal was announced. The stock shot up to over $4 and everyone thought that THIS was it. Look where we are now. Until they announce actual deals this stock is not going to sustain a technical rally. There are simply too many potential sellers in the $3 area who just want out. Jay

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