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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Nanda who wrote (11428)5/7/1998 6:55:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
ANALYST REPORT

An analyst at Raymond James published a report on IMRS in which they state" the 35% decline in IMRS over the last 2 weeks provides outstanding buying opportunity.Their price target is 46$ . They encourage aggressive purchase of the stock. This recommendation is based on the strong competitive position and their 52% per year 3 year eps growth rate. They mention They believe an unfounded industry rumor is a partial culprit for the decline. I plan to call to get a better explanation of the rumor. I feel much more at ease about my continued prurchase of IMRS calls. Bougt 10 August 25 calls today.
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