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


To: Winston Kim who wrote (121)12/16/1997 4:46:00 PM
From: DEER HUNTER  Read Replies (1) | Respond to of 532
 
NOT OVERSOLD? Just how low do you think it has to go to be called oversold? Unbelievable. The company is making progress in that they have completely restructured and slashed costs to the bone. Iomega business is gone and company will slowly replace what has been lost. Tax loss selling? That's for sure. You said "Looking at the chart,it is not oversold." What do you base this statement on? The stock has gone from 21 to 3/4 in two years. Oversold? Give me a break.

DH



To: Winston Kim who wrote (121)12/17/1997 1:10:00 PM
From: bottomfish  Read Replies (1) | Respond to of 532
 
Winston is right It is going lower. Investors going onto better stocks and come back and buy this one when it is cheap. Here is a penny stock with good products and the company has a lot of cash. There is opportunity with all of this gloom.