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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (9959)2/18/2000 3:55:00 PM
From: Bob Rudd  Read Replies (2) of 78666
 
Armin: I been watchin IM from the weeds for awhile - No position yet and today's news looks to drive it a bit lower near term Estimates whacked down to .95 or so from around 1.23 with concerns over management effectiveness in difficult environment. We've often seen companies drop to 10x revised expectations on earnings disappointments. Their chief rival ICO also having difficulties - [I captured quick 30% gains buying ICO on dips to $4 range, but left it alone this last time]
Has your view on IM changed?
bob
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