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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (2238)	2/4/2002 8:24:19 PM
From: Prophet	Respond to of 16631

Dave, On MIMS, there is some speculation that management might had been overstating the amount of subscribers to their service. Management has reassure guidance, although not necessarily subscriber base. For such a small float (15.5 M) it is easy to get a big short percentage. These types of companies are short targets by design due to the small float and daily volume. Contrary to a company like ACRT, IMS in particular has a descent average daily volume of over 600K which allows it to recover easier during short attacks. I must admit, there are some shorts out there with big Baxxs, if they are willing to take risks with companies such as MIMS and ACRT. I think that once this accounting fear dies down, ACRT and MIMS will be explosive buys. Also, if MIMS settles around the 12.5 or 10 mark (next two support levels) then I will jump in. 10 Appears to be a solid base. On a jump to 17, MIMS would also be a good buy. By the way, the company is situated 7 miles from my place of work.