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

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To: RockiReid who wrote (2005)2/10/1999 5:09:00 PM
From: Alec Epting  Read Replies (2) of 2220
 
Rocki, I'm still short, but it amazes me how strong this one is. Reminds me of FONX. Although I was never short, I had a hard time convincing true believers that their so-called "revolutionary" speech recognition system wasn't going to make it. Yet, week-after-week the company issued press releases touting the technology. They even went after shorts with a vengeance. That should tell you something.

Today, FONX is trading just over 1. Their product is still not out. They've since branched out into other areas. Looks like IMON is doing the same thing.

BTW, re NATS, looks like it may be a good sympathy play with RFGI. Has much better "fundamentals". If the market turns around, it may roar. I know you think it is a scam, but I think something is in the works. The CEO borrowed money to buy 94,000 shares in December out of 150,000 he purchased last year. News will be announced early next week, according to IR. Only 500k shares vs. 800k for RFGI, which was up over 400% today. Tells me momentum crowd is still playing small-cap online broker stocks. I'm now long but plan to stay in only until the news disseminates. Rode it from 3 1/2 to 9 1/2 the last time.
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