Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Ploni who wrote (18414)	8/31/1999 12:16:00 PM
From: Marconi	Read Replies (1) of 18691

Hello Mr. Stein: IMON IMON was pumped to 3 a little while ago. Now trading at 2-1/2. I missed it. Last quarterly, same old story. Essentially no revenues, although they bought a small ISP, but expenses far exceed revenues. No cost line on their income statement. The purchase gave IMON some trivial revenues. I suspect the cost line was left out to mask the losing acquisition. A lot of fluff in the text, virtually no substance to indicate they might become a going concern. The enterprise seems to be money raising for expenditure. I remain short and just missed my box at 1-1/2 a couple days ago. Best regards, m

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