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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?

To: Craig Rogers who wrote (1605)	11/11/1997 6:24:00 PM
From: Sam Golden	Read Replies (1) \| Respond to of 3162

Craig, I have a one word answer- SHORTS. Granted the market is in disaray right now and there is a lot of panic selling, but to drive a stock down like IMRS almost 50% from its high when fundamentals are improving is crazy. The shorts have taken it up the a*s for a long time,they are hungry. The PE on IMRS right before earnings was 120, after today its around 52. based on 98 estimates its 27. I look forward to the short squeeze. (maybe they will take my wife on margin..much better offer don't you think?) Sam