Industri-Matematik Intl (IMIC) Message Board

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Technology Stocks : Industri-Matematik Intl (IMIC)

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To: bob zagorin who wrote (174)	3/16/1999 1:25:00 PM
From: Greg h2o	Read Replies (1) of 349

clearly, much of the recent selling was alongside ORCL's bad news. i think investors are probably looking at this downcycle and have concluded the following: 1. IMIC's management was telling the truth in its problems for the last couple of q's (ORCL's slide has affected them dramatically), 2. the light is at the end of the tunnel in the y2k funding... most financial institutions, for example, will be totally y2k compliant prior to 6/30...AND will do so underbudget. 3. finally, this stock is trading at a ridiculous valuation--compared to cash, book, and sales. it is a prime takeover candidate due to it's product integration with ORCL and I2. greg

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