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Strategies & Market Trends : The picks
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To: Shawn Murphy who wrote (1121)1/8/1997 11:55:00 AM
From: David Pesetsky   of 6124
 
Imagex (IMXS) is starting to move today.
There's a rumor that the lawsuit that GE
had against IMXS, which resulted in a settlement
which brought IMXS down from $6.50 to now .15,
was improperly settled. If that's the case, IMXS
could start it's climb back to...who knows?

IMXS runs MRI diagnostic centers. These centers are VERY
profitable, and they are planning to open many more not
just in the USA, but abroad also. They were close to
Chapter 11 reorganization, but that may not be needed.

Definitely risky, but certainly a bottom feeder :)

Good luck.
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