IMPX - When Will the Dead Money Awaken? Message Board

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Technology Stocks : IMPX - When Will the Dead Money Awaken?

IMPX 4.960

-5.7%

Nov 6 9:30 AM EST

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To: mike mccann who wrote (60)	11/12/1997 1:38:00 PM
From: slob	Read Replies (1) of 532

Mike, I don't Hype stocks. I invest in very risky stocks with very high return potential. If your an average investor than please don't invest in any of the "Fallen Angel" stocks that I follow. You need a very strong stomach to stand the ups and downs of Small Cap Fallen stocks. Mike, Check out some of my comments regarding other stocks, I think that you'll find that I'm mostly bearish especially on hyped stocks. I currently only have a small position in IMPX and I'm looking for an entry point to take a much larger position. So it is really in my interest to drive this stock down. From a technical trading perspective you might be right IMPX could trade at under $1, however I cant see it, based on current trading patterns. Personally I invest mainly in down beaten stocks. I usually have about 5 in my portfolio at any one time, usually one or two of these will recover and turn into a 5 bagger, one will go Ch11 and the others will just drift along. At the momemt IMPX is just a drifter with potential. What I'm looking for is stocks that have the potential to exhibt 5 fold return in one year. For this to happen you need a low entry point but more important is a product which, if sucessful, will generate high margins on good volume. I was very sucessful with ZCAD(GATE) I see IMPX as being in a similar situtation to ZCAD. IMPX has changed from trying to compete in low margin HDD markets to the very high margin analog markets. As far as management is concerned I can't imagine how they can prosper by having the stock fall any lower, it's just not in their interests. Once this stock takes off I'm sure that it will overshoot, maybe due to management hype, but that won't effect me because I'll be already on to my next lost cause. Slob

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