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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Risky Business who wrote (8592)	12/30/1997 10:45:00 AM
From: paul e thomas	Read Replies (3) \| Respond to of 13949

RISKY, It is important that IMRS break through 35 rather decisively on strong volume. It clearly is coming off an inverted head and shoulders pattern but there has been resistance at 35 twice before. I believe it will break through 35 but In my view not until the new year when Mutual funds don't have to show big positions in such a high PE stock in their year end statements.I am very optimistic that Y2K stocks and IMRS in particular will be strongly supported when the January effect kicks in.