IMGX, currently $3.50 Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

0.0%

Oct 28 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John Morelli who wrote (306)	7/26/1997 8:43:00 PM
From: Alfred Aita	of 665

JOHN I unloaded at 2 paid 3&3/4 that same rational was being used when I purchased it . to Answer your question from a value stand point you might consider a multiple of .75 times sales (THAT was the multiple many small caps were selling at before the recent catch up and companies with a lot better finacials then imgx). The only hope is a takeover of some kind based on the value of there techonolgy, I don't have a strong grip on this with respects to their position etc. This company is in a similar situation AS WAS kurzweil (kurz) a voice recognition play lots of Hipe,news,etc but no earnings and little business.Stock got as low as 1 or so then shot up to 4+ I bailed since I only paid 2+ so I was happy About a month later they announced a merger at 5+. So who knows leto did buy some imgx so maybe he knows something or maybe it just dress up money. In case your wondering why I bought these dogs, it was an experiment with some technical analysis stuff. But in IMGX case I started to buy into there story and ignored sell signals I was getting . A VERY EXPENSIVE EDUCATION. I don't know what else I could say on this issue except I would keep checking insider activity and watch the volume,and don't get fooled by small rallys unlesss the volume is very!very! high. I WOULD LIKE TO SAY THAT I JUST READ SOME POSITIVE NEWS RELEASES FROM THIS WEEK BUT HOW SIGNIFICANT IS IT FROM A REVENUE STAND POINT? I DO THINK THEY ARE SHOWING SOME MAJOR PRODUCT ACCEPTANCE AT LEAST. (P.S. WHEN I SAY JUST I MEANT THAT LITERALLY ) AL

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next