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Microcap & Penny Stocks : IMGX, currently $3.50 -- Ignore unavailable to you. Want to Upgrade?

To: John T. Hardee who wrote (574)	1/6/1998 7:41:00 PM
From: Jay Morrison	Respond to of 665

I liked the release even though it wasn't really news. Jim Leto said that it was the final phase of the company restructuring. I hope that means that we will now see sales. The elimination of the cash dividend and the accrual was also important. As I understand it, that $1.3 million in liability removed helps them maintain the NASDAQ asset level needed to stay publicly traded. Does anyone know the date that earnings will be released yet? If they have a good quarter to report they should do it ASAP. Jay

To: John T. Hardee who wrote (574)	1/7/1998 1:42:00 PM
From: Jay Morrison	Read Replies (1) \| Respond to of 665

It is currently 1:30 pm on Wednesday and IMGX has traded over 2 million shares today already. The stock is up about 15% for the day so far. Looks very interesting. Kinda makes you go, hmmmmm........ I had a bet with Phil earlier today. At the time the volume was 900,000 and he was predicting 1.8 million for the day and a close at $1.25. His volume target is too low already, and we will see about his closing price target. I will go ahead and post my insightful prediction here. 2.3 million shares for the day and a close at $1 1/8. I think it is mostly over for today. For those of you who want to be really optomistic, if you had bought the exact low of 25/32 and had it now, you would be up 44% on your money in two weeks. :-) Jay