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Technology Stocks : IMRS racking up y2k contracts.

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To: paul e thomas who wrote (2245)2/16/1998 8:10:00 AM
From: Nanda  Read Replies (2) of 3162
 
Paul, I did not "dump" my shares, I "sold" them to seek better returns elsewhere, just for a while!! Ten days ago I was sitting on 8000 shares and caboodle of options. I took my money off the table and opened a bottle of bubbly this weekend to enjoy the phenomenal gains. My concentration currently is in SYNTEL which I bought at IPO and I loaded it up few weeks ago when it hit 9-10. Currently it is 22-23. If earnings are great we will see it move to mid 30's. The fundamentals and numbers are same as IMRS and CBSL.
Getting back to IMRS, I have a good understanding of this company so I may jump back in any time, which might even be this week. However my ownership will be much smaller as I think other stocks may give me a better return. For example I have increased my position in CBSL which is also moving up nicely.
Needless to say I look forward to your posts and sentiments regarding IMRS and y2k arena.
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