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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 (60)	11/12/1997 11:28:00 AM
From: lml	Respond to of 532

Mike, Give us a break. Your own comments are indicative that you cannot gather your facts accurately & draw a logical conclusion. I have never hyped this stock; & I, as you have, have advised other not to buy IMP at this stage of the game. I have stated that I welcome criticisms of IMP. They ain't no angel. Maybe you can surmise that there a few bottom fishers here just about to throw their hooks in the water. Why? Because this stock has been beaten up, principally by investors who got burned during the IOM runnup. But for the IOM runnup, I'd be willing to bet this stock would be trading a bit higher, notwithstanding its present restructuring mode. Mike, my only "hype" here is to have a balanced discussion regarding IMP, fundamentally or technically; and foremost to focus on the future & not to harp on the IOM relationship because it ... HISTORY. If you made money, congratulations! But why are you here? To "warn" others? Bottom fish? Your past trades indicate that you too are attacted to this beaten down stock. You should know that the only influence the past IOM relationship will have on this stock is some "over-selling" when some of these underwater investors run for the exit if & when the stock rebounds. But to continue to harp on past management insider sales, IMHO, while factual, is irrelevant & valueless to the discussion here.

To: mike mccann who wrote (60)	11/12/1997 1:38:00 PM
From: slob	Read Replies (1) \| Respond to of 532

Mike, I don't Hype stocks. I invest in very risky stocks with very high return potential. If your an average investor than please don't invest in any of the "Fallen Angel" stocks that I follow. You need a very strong stomach to stand the ups and downs of Small Cap Fallen stocks. Mike, Check out some of my comments regarding other stocks, I think that you'll find that I'm mostly bearish especially on hyped stocks. I currently only have a small position in IMPX and I'm looking for an entry point to take a much larger position. So it is really in my interest to drive this stock down. From a technical trading perspective you might be right IMPX could trade at under $1, however I cant see it, based on current trading patterns. Personally I invest mainly in down beaten stocks. I usually have about 5 in my portfolio at any one time, usually one or two of these will recover and turn into a 5 bagger, one will go Ch11 and the others will just drift along. At the momemt IMPX is just a drifter with potential. What I'm looking for is stocks that have the potential to exhibt 5 fold return in one year. For this to happen you need a low entry point but more important is a product which, if sucessful, will generate high margins on good volume. I was very sucessful with ZCAD(GATE) I see IMPX as being in a similar situtation to ZCAD. IMPX has changed from trying to compete in low margin HDD markets to the very high margin analog markets. As far as management is concerned I can't imagine how they can prosper by having the stock fall any lower, it's just not in their interests. Once this stock takes off I'm sure that it will overshoot, maybe due to management hype, but that won't effect me because I'll be already on to my next lost cause. Slob