IMGX, currently $3.50 Message Board

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Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

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Oct 28 4:00 PM EDT

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To: George Young who wrote (637)	3/27/1998 5:05:00 AM
From: Michael Sphar	of 665

I'm with you George. You can lose a buck a share right now. That's the bottom downside. The upside ? I don't know, but when things turn and run they eventually run to excess. I'd rather sell when its excessive, than at options pricing. And a corner, the big one, seems to have been turned already. Also the chart shows a series of successive tighter declining "coils" as some call em. I've seen stocks spring from such formations, and over extended time rise to "excessive" valuation. So I see it as a buy and hold, non-time limited call option with a fixed downside risk. Easy to hold, hate to unload.

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