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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Jeffrey S. Mitchell who wrote (12781)9/1/1998 4:05:00 AM
From: paul e thomas  Read Replies (1) of 13949
 
My bad news is all the shares I own are IMRS shares.Fortunately I had cut my position a lot compared to a few months ago.With the proceeds I increased my investments in mutual funds . The good news for me is that I sold half of my mutual funds Friday and the remaining half was in a hybrid fund that shorts 40% of the portfolio.This fund maintained its value both yesterday and all month.I sold 1/3 of my IMRS yesterday in a margin call at only a slight loss as I bought the shares in January. I bought about 75 September 22 1/2 and 25 IMRS calls in the hope the market is oversold.
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