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Microcap & Penny Stocks : IMGX, currently $3.50 -- Ignore unavailable to you. Want to Upgrade?

To: Green 6 who wrote (497)	11/11/1997 7:33:00 AM
From: Constance K. Landis	Read Replies (2) \| Respond to of 665

Are you guys delusional? How can you possibly even consider comparing IMGX to these other stocks? Forget the stock price range, what about profitability? This stock is going nowhere until it generates a respectable sales volume. No analyst worth a damn is going to promote this stock or for that matter any stock that perpetuates continued losses. Even mentioning it in the same vein with Microsoft is absolutely ridiculous. Come back to reality. It's time to apply pressure to this management team to generate sales. Leto talked last year about increasing their sales force and ramping up a marketing effort. Short of hiring the guy associated with government contracts what have they done. Yeah, yeah I know he's now generating sales in the government sector to the tune of a projected $3.5 million. But again, be realistic. That is less than 1/10 of what they need (in your estimation) to become profitable. Where is the remaining $37 million coming from? Their presence at the few trade shows they attended provided limited gains at best and to date I have yet to see them advertised in any trade journals. The closest thing to a review was a comparative study done in "Imaging" where they finished somewhere in the middle of the pack. Hardly what I'd call a stellar performance. As for their stocks value, why does it continue to stagnate and as it did yesterday, fall with little trade volume? Seems like the market has little faith in this company's ability to grow. Even with decreasing losses over the past year the market has had little interest in promoting this stock. Do they understand something we do not? These other companies that you are drawing comparisons to are survivors because they did the right things. IMGX has yet to prove that they are capable of this process. Points to ponder - an ever growing stock dilution, continued ownership of Durotech, inept marketing strategy and a dwindling pool of capital. Potentially, IMGX has some good products that could do well in the emerging technologies before us. Somehow we need to marry their expertise to the marketplace. Leto needs to address this challange or be lanquished for someone else who can.