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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: Constance K. Landis who wrote (498)11/11/1997 6:52:00 PM
From: Jay Morrison   of 665
 
Constance mumbled:
<<How can you possibly even consider comparing IMGX to these other stocks?>>

Because IMGX is a stock that is very similar to those stocks. You should re-read everything written previously so that you better understand the details. Your entire post demonstrates that you do not.

<<No analyst worth a damn is going to promote this stock or for that matter any stock that perpetuates continued losses.>>

That is not true. I have seen many companies perpetuate losses and be covered. Apple comes to mind.

<<Even mentioning it in the same vein with Microsoft is absolutely ridiculous. Come back to reality.>>

Once again, you missed the point of WHY it was mentioned. MSFT and the others were mentioned to demonstrate that software companies can trade anywhere between 5x sales to as high as 10x sales. MSFT is currently 10x sales. FILE is currently 5.8x sales, but has been as high as 10x sales. There is nothing that is special about how Microsoft is judged. It is priced exactly the same as other software companies. By p/e and by revenue. They are simply the biggest. Using MSFT as an example is logical assuming that IMGX is a growth story.

You failed to understand the basic concept that domestic (non-Dorotech) sales are growing and growing quite well. Dorotech will be gone by next month in my opinion. Q4 results will likely be stated in terms of IMGX only without Dorotech. US revenue last quarter was $6.5 million. It will at least be $7.4 million next quarter (Zannett target) and is likely to be around $8 million. That is a growth company that deserves to be rated as other software growth companies.

Jay
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