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Microcap & Penny Stocks : IMGX, currently $3.50
IMGX 0.00010000.0%Oct 28 5:00 PM EST

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To: Green 6 who wrote (428)10/16/1997 7:07:00 PM
From: Jay Morrison   of 665
 
Sybase reported earnings of 7 cents per share, which beat expectations by 1 cent. This is compared with a 67 cents share loss in the year ago period. They reported solid sales for the new adaptive server 11.5 (that 1View from IMGX is an option for).

IMGX had over 730,000 volume today on no news. It was clearly because Sybase was announcing earnings after the close. I think the market clearly feels that IMGX will sink or swim based on Sybase.

I view the news from Sybase as good. Let's see how it opens tomorrow. It was down over a buck today on market jitters.

Later,
Jay
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