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

To: paul e thomas who wrote (1945)12/30/1997 1:06:00 AM
From: Runner  Read Replies (2) | Respond to of 3162
 
Your posts are always welcome reading. I am hopeful that IMRS will moonshot this year. It is always good to see your perspective; sometimes more level headed, than mine.



To: paul e thomas who wrote (1945)12/31/1997 7:58:00 PM
From: Richard Ogier  Read Replies (2) | Respond to of 3162
 
"I am concerned however that their .95$ earnings forecast for 1999 and 35% per year 3-5 year earnings growth rate suggests IMRS might be approaching fair value in the eyes of Alex Brown clients."

They are not likely to have a 35% growth rate beyond 1999.
More likely they will have a negative growth rate. I think IMRS
is a good shorting opportunity at 37+. IMO, this winter will look
similar to last summer.

Richard


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