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

To: Tom Terf who wrote (49)	11/10/1997 4:29:00 PM
From: slob	Read Replies (1) \| Respond to of 532

Tom, If your trying to short IMPX than your about a year late. If your with the rest of us, that are giving management the benefit of the doubt, than please join in. As investors we need to show a positive front. IMPX has turned the corner and is no longer a canidate for Ch11 so all your negativity is unwarranted. IMPX has identified markets in which it can be profitable and has a plan to address these markets. In one to two years time we will be able to sit back and judge the success of this strategy. At the moment our efforts are best spent by sending a solid message of support to the current management. Managenent needs to know that its investors can see wisdom in the path that they have chosen to take and will support them. All the volatility in this stock is a direct result of investors that saw a quick buck and jumped and out based on the current direction of the stocks momentum. Slob

To: Tom Terf who wrote (49)	11/11/1997 3:48:00 PM
From: lml	Respond to of 532

Tom, There will be more interest in this stock -- when something fundamentally happens. You provide several hypotheses why you believe the stock will (or should) fall to $.75/share. You look to tax-loss selling & risk of Chapter 11. Do you really think tax-loss selling is gonna drive this talk down 40% from its current trading range? Most of those who bought IMP when it was trading above 4-5 have sold long ago, most likely last year. Company press releases were extremely negative at that time, & if one wanted a tax-loss at 1996 year end, IMP was a prime candidate. This year is a different story. The stock traded between 2 & 3 for barely a month at the beginning of the year. IMHO, this is the primary source of potential tax loss selling -- and it ain't much. I think we saw the bottom on Oct 27 when the bottom fell out of the whole market & the stock fell just shy of $1. Unless that happens again, I don't see IMP below a $1 "in the next 6-7 week timeframe." As for Chapter 11, you got a least a year before you can even consider it a risk given current operations & the amount of cash the Company is sitting on. What I read into your comments is that your just itching snatch up this bottom fish, but are waitin' for an excuse to do so. I don't think your read @ $.75 share is accurate, but time will tell.