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


To: paul e thomas who wrote (1834)12/10/1997 12:13:00 PM
From: Nanda  Respond to of 3162
 
I paid 3 1/2 for FEB 30 and 1 7/8 for Feb 35. I picked up some more SYNT today. They also received a contract but due to market wakness the stock is still down.



To: paul e thomas who wrote (1834)12/10/1997 4:32:00 PM
From: Nanda  Read Replies (1) | Respond to of 3162
 
Paul, I bought back 1000 IMRS at 27 1/2. Market is going to show weakness for the next few days due to domino effect. Asian crisis will bring down several sectors one at a time. Now banks and airline stocks are going to tank. I feel good y2k stocks will do relatively very well over the next few weeks, especially in light of reported comments regarding funneling of funds by major companies towards y2k fix. Atleast oracle debacle is partly blamed on this. I plan to play options market in IMRS along with the common.