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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Neil_L who wrote (18463)10/8/1999 2:23:00 PM
From: Peter H. Hodge  Respond to of 18691
 
Roger, you may want to check out IMRS. Took a 65%+ beating in early September due to a warning from the company that they would not be meeting expectations for this quarter. Downtrend continued almost to the all time low of 6.5. May have bottomed at 7 earlier this week. Today, it is making a nice upmove and reached a HOD of 7 3/4.

Should be a nice hold into the next year...possible double or even triple by 2nd quarter 2000.

Pete