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Technology Stocks : IBIS
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To: David Rosenthal who wrote (64)7/30/1997 11:53:00 PM
From: David Rosenthal   of 301
 
So the big question here is whether there is any good news on the horizon for a while.There was insider selling going on over the last few months, though there was one director who was accumulating.

I am concerned that the quick redemption of warrants is an attempt to generate cash. However, I am not sure the stock price is going to sustain a level where the warrants will have any value by the end of August. I think current warrant holders must feel burnt.

Can anyone provide any insight as to where they think the stock price will settle?

dave
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