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Technology Stocks : IMRS racking up y2k contracts.

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To: DD™ who wrote (1636)11/12/1997 1:10:00 PM
From: John Sikora  Read Replies (1) of 3162
 
DD & All,

FWIW, my take on IMRS and and many other stocks that have great potential is that they are all pretty much DEAD $ till market sentiment improves. Throw in the fact that the stock has had a tremendous run and you've got sweaty-palmed fund managers fretting over year end performance figures...Well... it's not a pretty picture I've been a selective seller but won't buy a thing in this environment...The battered and bruised list gets bigger each day...SFAM KLIC CHRZ. I'm not saying it's impossible to trade this market...but one must be quick to exit profitable positions. Techs, especially semis will react after AMAT reports next week...Let's hope it's positive as this market is in dire need of some leadership...JMO

Good Luck to All,

John
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