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Microcap & Penny Stocks : IMDS nasdaq bulletin board

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To: jwk who wrote (284)	3/11/1997 1:34:00 AM
From: Bruce Rosen	of 4122

I agree Jack that if Imds finally receives that coveted and elusive small-cap Nasdaq listing, along with a positive media event, we could see a significant rise in price, perhaps even challenging or surpassing the old high of around 9. If that occured, I would find it difficult to resist selling. Might I regret it? Of course, but consider that this stock has a tendency to erode in the absence of news and after the two events we hope for, there doesn't seem much on the horizon until a possible FDA submission in the 4th quarter. Perhaps Nasdaq listing will fuel institutional interest but that is likely to dry up if the company has nothing newsworthy to communicate. Good luck with your decision!

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