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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Nanda who wrote (11369)5/4/1998 3:00:00 PM
From: paul e thomas  Read Replies (1) of 13949
 
NANDA,I sold another 1/4 of my SYNT as it continues to slowly weaken. I have order in to sell COGIF at a loss as I believe the stock does not have sufficient visiblity to capitalize on the Corporate performance. With the intraday strength of IMRS I bought 10 August 35 calls and 5 August 40 calls. I believe IMRS should rather rapidly recoverer to 31 the key will be whether IMRS stock will then appreciate at a rate greater than 1 $ PER MONTH, which would be the rate if the price grows at the median long term annualized of 40% per year.At 31 IMRS would have a PEG OF 1.23.
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