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Strategies & Market Trends : Trader J's Inner Circle
NVDA 177.00-1.8%Nov 28 9:30 AM EST
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To: Solon who wrote (4853)1/17/1999 6:15:00 PM
From: LTK007  Read Replies (1) of 56535
 
Solon I am doing research this weekend out of curiousity,and to practice getting read on stocks,as I will be unable to be making plays etc. for about 2 weeks.
In running a search through the Dow Jones Publications Library on
Imaginon,the only tech magazine article I could find was a review
of the Webzinger4.0 and it was an OK but not at all rapturous a review--well actually,since it was the only article I could find I will go back and get it and post it here--
But,we can say this,IMON at the moment has no money as they were paid by CALP in stock only--and CALP has no money--so on the financial side buying into this stock is buying into a company that needs very much to convert shares into cash out of pure need--so let's put it-- this way,my biggest concern is how much selling will occur into the price trying to move up--this is why I endorse BanChee's caution on this---
Software tech companies without money are very similar to BioTech companies without money--they both have the ability to run up fast
on news and then crash and burn when people start looking for revenues
and cash in the companies---I am fully satisfied the reality of IMON,
but I can simply find no enthusiasm for the company as of yet from an impartial source--will check Red Herring next?? Just being cautious--
I have no desire to be a "party-pooper"--just trying to keep the thread on a "give and take" pondering level.Good Luck,Max
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