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


To: Nanda who wrote (1887)12/19/1997 11:38:00 AM
From: John Sikora  Respond to of 3162
 
Nanda,

CHRZ has shown serious accumulation for the past week and is moving up today as well. The big question is can these stocks move up in a general market meltdown?

Happy Holidays,

john



To: Nanda who wrote (1887)12/19/1997 12:52:00 PM
From: jgibbs  Read Replies (1) | Respond to of 3162
 
This morning, the ask dropped and the spread narrowed to a quarter. So I sold a bunch at 27.5 as the market continued to tank. Stock did come off a bit, but now I'm sitting watching the bid go up an eighth. May get back in at 28+ if strength continues in IMRS as well as a couple of the others. So much for my market timing skills.



To: Nanda who wrote (1887)12/19/1997 3:05:00 PM
From: paul e thomas  Read Replies (2) | Respond to of 3162
 
Nanda, Great for you re TPRO. As you probably read my ardor for TPRO has cooled due to RED CHIP saying they assign a 1X multiple for Y2K earnings at TPRO.I sold all KEA today in belief the stock is not volatile enough as short term trading vehicle. Bought back 1300 shares IMRS at average 27 7/8. I too am impressed with strength today of IMRS and CHRZ in face of big time drop elsewhere.