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Technology Stocks : Immersion Corp. (IMMR) !!
IMMR 6.850-0.6%Dec 26 9:30 AM EST

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To: JakeStraw who wrote (122)2/12/2008 1:43:20 PM
From: Patrick Slevin  Read Replies (1) of 143
 
Oh, yeah. No argument.

I don't know anything about the company you have, but Veolia is a nice play regardless of the fact that I swapped out of it. Not only Water but Waste Management & Energy Services. Global company, based in France so some exposure to currency fluctuation. I've seen where news out of Veolia's involvement in the Suez will send it higher in Europe overnight & have it gap up in New York.

A little risky with respect to possible downside, as it could leapfrog your stop easily.

Aside from that it's got three good sectors there. I think Los Angeles has a long term contract with VE on both Water Management as well as Waste Management & you know they will try to sign up clients for all three services wherever possible.

I may be wrong but I just don't think there is real urgency to take a position in the water sector. I don't see the momentum as attractive enough as yet.
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