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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: tcarnes who wrote (3214)	1/5/1998 11:12:00 PM
From: Druss	Read Replies (1) \| Respond to of 4339

TJ--IMRS is a deadly dangerous short IMHO. It is a serious for real Y2K company and has real revenues and profits from the sector. They out source the code to India and have English speaking programmers go through the code and fix it. No bells, whistles, or mirrors like Zitel. They could drop a couple three contracts in your lap at any time. A bunch of publicity from government or industry about the Y2K stuff (like what is happening now to drive them up) could bury you. I was considering day trading them when they went into a pattern of climbing and diving between 32 and 28. They broke the pattern about the time I detected it. I was going to play them long as I viewed them as a dangerous short. I should have picked them up at 26 when I had the chance. Did you get in on WDRY? I am happy so far. Sure will take a lot of quarters dropped in washers to clear that companies debt. All the Best Druss