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Technology Stocks : Imation Corp and LS-120 120MB 3 1/2

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To: A. Fineigler who wrote (29)3/14/1997 11:35:00 AM
From: Paul Weiss   of 68
 
AF-- I've been considering your thoughts on buyimg more on a pull back. Very appealing because the more I read about Imation, the better I like it. On the other hand, I don't expect us to see the low twenties again. Price bounced off the 200 day moving average recently (about 26, if I remember correctly) and has started to move forward, albeit slowly. Since my IMN position is my smallest investment... I'm really tempted to purchase more at current price. Did you catch all the news that came out earlier this week? The item about developing a new storage platform with StorageTek was probably the most interesting? Regards, Paul
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