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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: paul e thomas who wrote (11605)5/18/1998 3:04:00 PM
From: paul e thomas  Read Replies (2) of 13949
 
WHAT IS RIGHT ? THE TAPE OR FUNDAMENTALS

The reference post details a story where IMRS is rated as the 4th best company out of 50 in SW Florida on a fundamentals basis. The same paper one day later reported that IMRS had the worst weekly price performance among the 50 . IMRS was down 13.9% last week.I continue to believe fundamentals will prevail in due course even though my angst keeps rising. Last November I bet the farm on IMRS when it declined without a clear company specific definable cause.I will be buying as aggressively as I can once the downward momentum reverses.I have started to accumulate November 25 calls after a probablity distribution analysis of likely outcomesand costs for JUNE,AUGUST AND NOVEMBER 25 AND 30 CALLS.I am also taking wash sales losses as I attempt to be liquid at or near a bottom
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