Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (4463)	1/16/1999 12:33:00 PM
From: Brooks Jackson	Read Replies (2) of 122087

IMON -- Anthony, could this be a repeat of CFON? Recall that CFON is a crappy little scam company (IMO), losing money, financed by 'death spiral' convertibles, trying to peddle video telephones that are way too expensive. The announced they intended to sell set-top web browsers, too, and their stock spiked from $2.50 to about $15 in a couple of days, before collapsing back to $2.50 and making scads of money for aggressive, nimble shorts in a few days. The web browser product never materialized. I haven't done any DD on IMON yet -- but if it follows the CFON pattern it could get run up much higher Tuesday, peak perhaps on Wednesday and then collapse. I'm short at about $5.50 -- and plan to re-short at higher levels if it spikes.

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