IMRS racking up y2k contracts. Message Board

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Technology Stocks : IMRS racking up y2k contracts.

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To: paul e thomas who wrote (2304)	3/2/1998 7:39:00 PM
From: gerald tseng	Read Replies (1) of 3162

Paul: It seemed like my gut feeling lied to me big time last week, judging from today's action. IMRS sure looks very strong today. CPWR actually showing good strength today too. However, CPWR has been somehow kept under $45 for quite some time now (feels long because the other y2k stocks has been racing ever higher). CBR has a 1 day strength the week before last week when it go to $68 on a few block trades, and now stuck around $65. I sold call on my IMRS and PSFT and bought CBR and CPWR last Thursday&Friday in anticipation of rotation. Maybe I am too early. But, I felt more comfortable taking profit after strong run-up and buy into the lagers than just ride with it at these high level. (the root for this is my believe that Asia's trouble is far from over, and the market is like a time bomb....... What is your thought on my strategy?? Thanks in advance.

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