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Biotech / Medical : Imagyn Medical Technologies (imti)

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To: Gabriela Neri who wrote (202)7/13/1998 2:06:00 PM
From: rrufff  Read Replies (1) of 228
 
Gabriela - whats' your take on today's action. Pump and dump?

I've been watching this for a year and have to admit, largely on your posts, I stayed away. You seem to have been right on the money. Classic great idea and products but can't put it together. Plus no fiscal responsiblity particularly when it comes to paying for something that directly benefits management.

So now - today's action gets me interested.

Initial reaction - again great potential product.

Reality - tremendous dilution and re-finance required.

The question - AT what point does one get in? Although i hate to disagree with you. Before you indicated that the equity would probably be totally worthless. I think today's action gives it a bottom, but what will that bottom be? 3/8? 1/4?

We're looking forward to your response.

And BTW what else are you shorting?
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