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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 (494)11/9/1997 8:04:00 AM
From: Jay Morrison  Read Replies (1) of 665
 
<<Hell, morgan stanley initiated coverage with a buy on FILE,that sent the stock from 16 to 26 overnight.Their technology is not content manageable,ours is,theirs is not scalable to our levels,theirs can only use line data,.ours has unstuctred capabilities,i.e.audio,video,drawings.
IFMX paid over $400mm for a technology that didn't work.>>

When did that happen with FILE? I doubt anyone would even consider initiating coverage on IMGX till the stock is over $5. Too many people got burned on it before. The first respectable coverage would be from Alex Brown & Co. I heard something about Leto meeting with their analyst and that she wouls make it a $30 IPO if it were coming out today. What were the details on that?

Jay
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