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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??
IMPX 4.680-24.6%Nov 13 3:59 PM EST

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To: Sheldon C. who wrote (2454)7/16/1997 7:56:00 PM
From: JEFFREY R. WILLS   of 2560
 
As bad as this company has been the last year, I must admit these results are a lot better than last quarter. There could be a little life after all if the company can gradually make steps to get out of the red. I think the stock will be in the 1.50 - 2.00 trading range for some time, however if the stock would fall below 1.25 I might actually be a buyer. 28 million shares outstanding the stock still is valued over 50 million so I don't see the stock rising above 2.50 at the most until they streghten themselves out. I remember JMAR when the stock went down to .46c and was on the verge of bankruptcy, but look at the stock now-above 3.50 and profitable.
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