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Technology Stocks : IMRS racking up y2k contracts.

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To: Nanda who wrote (2210)2/12/1998 1:05:00 PM
From: John Sikora  Read Replies (1) of 3162
 
Nanda,

Listened to the call as well. I would say that Sanan downplayed the Y2k biz but with their existing backlog of Y2k work, they are far from exiting that biz....The y2k work, with it's fat gross margins will fuel and finance the forthcoming planned acquisitions. I liked the updated vision of the company going forward and I believe the analysts will as well. Having said that I too sold this am but will assuredly re-enter if the market presents an opportunity. I bought some CRYSF yesterday on the volume increase and I notice just now that Gruntal came out with a strong buy this am. I wonder if they were the underwriters? Next week SYNT and ISLI on thursday. What do you think of SYNT @ 20 1/4 this morning?

john
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