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Technology Stocks : IMON - Quoted from Barron's Corporate Reports

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To: Kimberly Lee who wrote (1332)1/26/1999 5:49:00 PM
From: JC Reddy  Read Replies (1) of 2220
 
I don't think it was the rumor that caused the runup. It was the product release on the 29th and there will still be a release. No one really knows what the future of this product is going to be, but it might just be very good.

I don't expect to see $5 range and I don't expect to see $20 range tomorrow. It will be where it is today: $11-$14 range. It may even go up in anticipation of the product release.

I am neither long or short on this stock currently although I was long from $4 to $6.

Interesting to see how shorts are taking advantage of a non-news.
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