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

To: mike mccann who wrote (52)	11/11/1997 7:10:00 PM
From: slob	Read Replies (1) \| Respond to of 532

Mike, Only a fool would buy or hold IMPX at above $18. So all that this tells me is that management is not as foolish as the average investor. Sorry if you lost money, thats life, get over it, it happened over a year ago!! The question is, What can IMPX do to that will result in share-holder value? In my opinion they need to concentrate on "sockets" where they have a clear and sustainable competitive advantage. Management has taken steps to eliminate the product lines where they did not have this advantage. They are now concentrating their efforts on those areas where they can make a profit. This is a great start and they have my support. If you can't see value here then maybe you need to be looking at other stocks rather than poisioning the waters with year old grievances. Slob

To: mike mccann who wrote (52)	11/11/1997 7:50:00 PM
From: lml	Respond to of 532

Mike, Who's asking you to buy? Who's asking anyone to buy right now? I would not recommend that anyone buy IMP until management indicates through action, where future revenue growth will come from? If & when it does, the market will respond. And you know what? The market will not give a rat's ass whether Laws or any current board member sold IMP above $18 in 1996. The market is forward-looking. If IMP is able to establish a steady predictable stream of future revenue growth, albeit modest growth, thru diversification of a new customer base, it will win investor's appetite to own the stock. It seems like your emotionally stuck in the past. One of the basic rules of investing is not to get emotionally involved with a stock, either on the upside or downside. It clouds the judgment. If you're in the stock, know why you're in. If you're miserable about it, then sell. It ain't worth it. If you're not in the stock (presuming you've sold at a loss), then why waste your time here (& ours)? Why torment yourself? Hey, I'm a bit underwater with IMP, but I've rationalized in my mind why I've held. If I sell, I get chunk change; so I hold, thinking the worst of the storm has past, & new management now has the opportunity to build a new customer base. If they can't, then I can lose all of my chunk change. BFD; it ain't worth today much a current levels. But if management can turn IMP around, then maybe, just maybe, I get back to even, & even make a nice quick profit on some short-term trading opportunities on the rise to the surface. Color me patience, but color me rational as well.