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

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To: Nanda who wrote (11777)5/28/1998 8:40:00 PM
From: paul e thomas  Read Replies (2) of 13949
 
NANDA, There were a number market internal indicators that reversed their negative trends today. ALL the mutual funds I follow also had a modest up day. I will be attending IMRS annual meeting tomorrow and then get on the road to PA for the summer.I have continued to buy IMRS shares and options .Every time I compare the IMRS fundamentals versus other stocks which have fallen to the same degree in the last month I strengthen my belief the stock has been beat up excessively.My concern remains however that we may still have another 10% market drop ahead of us.I will be back in touch in about a week.
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