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Technology Stocks : IMRS racking up y2k contracts.

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To: Jeff Litwin who wrote (2232)2/12/1998 10:19:00 PM
From: John Sikora  Read Replies (1) of 3162
 
Jeff,

The analysts on the call seemed to embrace the direction Satish is steering the company. So perhaps they will drive the price up from here...In the short term (1-2 years) I believe there is enough Y2k work in the pipeline to continue to beat estimates going forward. It's an enviable position that these companies are in right now...leveraging the Y2k work with it's high profit margins to get a foot in the door. IMRS has valuable stock and a healthy cash position at the moment to acquire companies going forward. I respect Sanan for his vision and will be a buyer again on any irrational weakness.

john
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