Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (8233)	10/2/1998 3:25:00 PM
From: musicguy	Read Replies (3) of 25711

IMCC could be at bottom..... Book value $9.29 52 week high- $19.75 52 week low - 1.96 earnings per share- $1.89 trading today at 1 3/8 x 1 13/32 - heavy volume last 2 days. avg volume 276,000 IMC Mortgage Company is a specialized consumer finance company engaged in purchasing, originating, servicing and selling home equity loans secured primarily by first liens on residential properties. For the six months ended 6/98, total revenues rose from $88.2 million to $181.2 million. Net income rose 60% to $31.4 million. Lots of insider sales though..... what do they know that we don't? MG

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