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Technology Stocks : IMRS A Y2K FIRM SUCCESSFULLY REPOSITIONING ITSELF

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To: paul e thomas who wrote ()1/15/1999 8:12:00 PM
From: paul e thomas  Read Replies (1) of 188
 
ANALYSIS OF THE FIRST MONTH
Since I started this board one month ago and recommended IMRS as a company that has succesfully repositioned itself IMRS has gained about 30% in price. More importantly though it has made two additional strategic investments and reorganized to focus management attention where individuals can do the most good.It has had the highest volume trading days ever and when it has told it's story before new portfolio managers it has created explosive buying spurts when new investors came on board. It has been basing for 3 weeks in anticipation of the 4th quarter earnings and analyst conference on February 17.Over the past month I have focused considerable energy in following the price on an intraday basis and have done well in short term trading of both stock and options.During the last month I bought over 15,000 shares of IMRS for trading purposes along with a lot of options.I believe IMRS is a very volatile stock but behaves reasonably predictably based on conventional chart reading techniques..
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