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Strategies & Market Trends : Imatron Is For Real..... 7 Billion Dollar Market....

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To: Oak Kanis who wrote (10)7/4/1996 4:06:00 PM
From: James Strauss   of 113
 
Shorts Usually Backfire.....

Oak:

More times than not shorts get squeezed... Runnups in Netscape and Presstek were the results of short squeezes... These short squeezes can go on for long periods of time... Any new news release from Imatron will send the stock price soaring as the shorts scramble to cover their positions... Just look at the strong relative strength of IMAT when the NASDAQ dropped over 40 points (200 Dow Equivalent)....

This is a real company with a blockbuster product... I'm very comfortable being long this stock....

Jim
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