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Technology Stocks : IMPX - When Will the Dead Money Awaken? -- Ignore unavailable to you. Want to Upgrade?


To: Sheldon C. who wrote (22)10/22/1997 9:27:00 PM
From: DavidMW  Respond to of 532
 
They need to get some new customers; as I recall the latests earnings news stating that a substantial chunk of this last quarter's revenue was the last of IOM orders. So the 3rd quarter could be pretty bad, with a greater loss.

Dave



To: Sheldon C. who wrote (22)10/23/1997 12:22:00 AM
From: Tom Terf  Read Replies (2) | Respond to of 532
 
Many of their best people were let go or quit to
secure some of these lucrative stock options at firms
downthe street who welcomed them with open
arms..

With IMPX stock dead who would remain .. who has
any value to them ?

The big problem is that they have 29-30M outstanding
shares. So they are barely worth $ 2.00 per share
under any condition.