IMMM ( I'm Mad Monk) Message Board

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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)

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To: Gerald Underwood who wrote (844)	5/19/1997 1:06:00 PM
From: alchemy	of 1480

Hello Gerald: Zeev is a great fundamental and technical analyst. I would not have expected Zeev to respond in any other way than he did to this stock. IMMM looks like a train wreck, no matter how you analyze it. Judging by my ability to pick up more shares at 1/8 today, the wreck is still in progress. Personally, I found management's inability to respond to this erosion reassuring. Clearly, they are not worried. They are not doing anything to stem this decline. Why? Because they have the answer. Unfortunately, we don't have any idea what that answer is. So we are left to twist in the wind while the MMs pick up bargain basement shares from worried investors. I am guessing that we will have a management reorganization release by Thursday. That should establish the viability of this company. With the Canadian national holiday today, it is doubtful that we will receive any new releases until tomorrow Still buying, marty

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