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Strategies & Market Trends : Angels of Alchemy

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To: dan36 who wrote (6)5/20/2000 11:55:00 AM
From: HandsOn  Read Replies (1) of 24256
 
I like IMAN here, chart looks like a triple bottom put in now. They just formed a strategic alliance with Pitney Bowes, have a 8.3 mln. float and trading at less then 4x's BV. Volume has picked up the last few weeks, and They have good management and a focused business plan. I picked up a little more Friday, it moved up to around 14 in beginning of May. Last earnings were nil vs loss of .08, I think IMAN will make another move up any day now as long as volume continues here. Revenues increades 100% in first quarter, new clients include MSFT, HWP and Ibeam.
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