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Non-Tech : IMP, Inc. (IMPX @ 7 1/8)A sympathy play with IOM??
IMPX 6.210+13.3%Oct 22 3:59 PM EST

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To: rpsev who wrote (2520)9/23/1997 3:17:00 PM
From: Xavier   of 2560
 
Bob: I checked the OAKT chart and fail to see the comparison with IMPX. I didn't see any announcements of a loss for OAKT.

As far as IMPX is concerned. They got lucky and we got "had". IMPX knew that they were directly linked to the fortunes of IOMEGA and they did nothing to discourage the association. I don't think that they set up the situation, but they sure took advantage of it.

Some may say that they were perfectly right in selling their stock when they did. Unfortunately, we know that flooding the market with stock makes the price plummet. The insiders at IMPX knew that also, but all they saw was dollar signs. I'm not sure that I wouldn't have done the same, but my conscience would be hurting me like hell every time I spent that money (but that's me).

What puzzles me is why the major stockholders in this company aren't raising the roof at the present stock price. If you say my figures from yesterday, you can see how IMPX compares to their supposed peers. The list of companies that I posted were not selected by me, but rather by the former CEO and current board memeber David Law.
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