IMRS racking up y2k contracts. Message Board

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Technology Stocks : IMRS racking up y2k contracts.

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To: paul e thomas who wrote (1769)	11/26/1997 3:40:00 PM
From: Nanda	Read Replies (1) of 3162

Paul, I already have 8000 TPRO, with a purchase price range of $4 to 7. Until I see a couple of dollars upward movement I will wait. I do watch it and follw TPRO thread very closely. SYNT's downward price movement really intrigued me, so I started a serious DD. I could not find one wrong thing. I called the company, underwriters, and their clients. Their business is strong. They are hiring in India and U.S. On top of this their y2k business is secondary to their IT business. This is important for their life after y2k. At the same time their y2k business is increasing tremendously. They dont have to look for too many new clients as they already have a stable full of fortune 500 clients. Their present chart also reminds me of IMRS and CBSL. My SYNT buy for the present time is over. I am still sitting with Feb. IMRS options. I might put that money in IMRS common. Todays IMRS price movement related to a sale of about 45,000 shares this a.m. by one seller broken in chunks of 25,000 to 9000. I suspect the buyer made a quick profit. All the power to him or them. I expect IMRS to make its next move very soon.

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