IMDS nasdaq bulletin board Message Board

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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: Brad Huffman who wrote (270)	3/10/1997 4:55:00 PM
From: Michael Reilly	of 4122

Hi Brad Just wanted to mention that I am back into IMDS as of this morning. Heard a strong rumor that they could be listed sometime within the next ten days. The support is very strong at the current level & the MM's seem to be low on inventory, as the are playing games trying to bring the price down. They are scared to really try and short the stock as they know the listing could come at any moment and they could get squeezed big time. They have been chipping away at it, but so far it has held firm. I think if the CBS segment is timed to air around Nasdaq listing and with the market starting to get bullish again, and with no significant resistance above the 4.25 level, it's anyone's guess how high it could go. m.r PS: Try sniffing out a few brokers as to whether or not their are rumors in the market.

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