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Technology Stocks : John, Mike & Tom's Wild World of Stocks
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To: wlheatmoon who wrote (2238)3/14/2001 4:01:06 PM
From: Logain Ablar  Read Replies (1) of 2850
 
Mike:

IMNX gave up the $25 box today from memory this is a break of solid support. RS also gave a sell so further weakness is a given. I now have it testing the $17 to $14 area. From a fundamental standpoint they are supposed to be having trial results on expanding erebel late this month and if these come out positive maybe it never sees this area but the odds now favor the mid teens.

I plan on seeing how the stock acts but I think $16 is a good area for a 1st 3rd. Not saying I'll buy some @ this level (markets too scary) but I may.

Tim
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