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Technology Stocks : IMRS racking up y2k contracts.
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To: LANDRUSH who wrote (2106)1/28/1998 9:16:00 AM
From: Nanda  Read Replies (1) of 3162
 
LANDRUSH
It is always good to take profits and cut- down money on the table. I have done this since I got in this stock at $8. y2k problem is not going anywhere and strong will get stronger and weak ones will fall by the wayside. IMRS is a leader in this area, plus they are sitting on a bundle of cash raised at the secondary offering. My guess is they will expand in non-y2k service area by buying a profitable established company. I may sell half of my position in high 40's but then who knows?
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