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Technology Stocks : IMRS racking up y2k contracts.

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To: paul e thomas who wrote (1812)12/8/1997 2:53:00 PM
From: paul e thomas  Read Replies (3) of 3162
 
IS THE TEST OF NEW HIGH BEGINNING

At 2:30 the bid for IMRS is 2$ above Friday's close. A number of other Y2K stocks with strong competitive positions are up significantly on a day the big cap stocks are weak. We need the market to rotate into strong small cap growth stocks to provide the volume necessary for a real breakout for imrs out of the 27-30$ trading range it was in prior to the selloff down to 20$.I am hoping the additional 5500 shares I picked up since 11/1 at prices between 20 1/8 and 27 will produce sufficient gains the risk I took in investing such a big chunk of my total investment $ in one stock.I wll sell some of my IMRS if the price drops before 1/1/98 as I have taken some big tax losses on a non y2k scam stock (WORK REVOVERY) I took a very big bath in (-200,000$).
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