IMAT - ultrafast tomography for coronary artery disease Message Board

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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease

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To: John T. Hardee who wrote (3491)	5/31/2000 7:29:00 PM
From: TA2K	Read Replies (1) of 3725

What IMAT indicators are saying now..... Very unusual price behavior since dropping below $3 in April. We do not see such a pattern in IMAT from 1990 onward. I think the drop from $3 occurred because of broader bear market conditions and bursting stock bubble. IMAT now appears to have bottomed out. What will happen subsequently, based on certain key indicators, isn't as clear as during other times, because this late pattern is unprecedented for IMAT. However, from most other indicators, IMAT appears to be on the verge of quite an upside breakout --- SCREAMING!! --- and June will indeed be the month. One more short 'semi-neutral oscillation' 'down' (a few impatients declaring "Get me the #### out of this 'crap' stock, NOW!!), and then it's time for a serious up trend. Anticipate three solid weeks of moving up, culminating in a major thrust the final week of June. With the added price pattern uncertainty, information aside from my indicators gains enormous importance. Very glad for those Investor Conference Calls and Shareholders Meeting discussions to learn that Imatron's new 'business model' is in place, and heading toward unequivocal success. Anticipate business success will translate into stock price success. Though pattern of late is a weird one, there is an uncanny resemblance between the present and this time last year. Notice in 1999 what happened in the last two weeks of June. I expect a repeat, except with an even stronger up move. Stay tuned!!

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