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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??
IMPX 4.680-5.8%Nov 13 9:30 AM EST
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To: Xavier who wrote (2448)7/2/1997 1:35:00 AM
From: bottomfish   of 2560
 
You think they want to keep the stock price low so the insiders make a healthy return when there is a major contract coming in. This company is not going away, though. I guess I am more optimistic since I am only in the whole with $2500. Chump change. The problem is I bought IMPX on marginal trading so other cash is tied up.

According to the last letter, they want to diversify and not depend on Rockwell or Iomega to keep them productive. They want to go digital thus more R&D expenses will show. It might take another 3 quarters to a year before there is an upswing for this company. Of course one major contract could do the trick.

For what is worth.
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