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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??
IMPX 4.260-1.2%Nov 28 9:30 AM EST
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To: Xavier who wrote (2377)5/1/1997 8:37:00 PM
From: mike mccann   of 2560
 
I've never bought anything recommended by StockPro. Their research never makes any sense. I've been on their email list for a couple of months, and I sometimes get a couple picks a week. I can't remember a single stock which is trading higher now than when they suggested it. And these bad picks are never reported on their Web site. And they've probably still got MESA showing at 7.25, even though it's trading at 5.50. I vaguely remember PRFM. I think they were keying off of a monthly revenue report or something and concluded earnings were going to be great. As I recall, that stock did jump up dramatically at the opening following their recommendation, which, I'm sure is what they wanted it to do. But it came right back down again.
I figure IMPX has got to make a move by mid next week. It just can't continue hovering around at this level for more than another day or two, assuming that 1-5/8 is still a major support level. A lot of people watch this stock, and when it starts to move they don't want to be left out so they jump aboard. We'll keep our fingers crossed. It would be nice if the company had some kind of little tidbit of good news to report, but I think they've been muzzled.
Mike
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