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

To: Jeff Litwin who wrote (2232)2/12/1998 10:19:00 PM
From: John Sikora  Read Replies (1) | Respond to of 3162
 
Jeff,

The analysts on the call seemed to embrace the direction Satish is steering the company. So perhaps they will drive the price up from here...In the short term (1-2 years) I believe there is enough Y2k work in the pipeline to continue to beat estimates going forward. It's an enviable position that these companies are in right now...leveraging the Y2k work with it's high profit margins to get a foot in the door. IMRS has valuable stock and a healthy cash position at the moment to acquire companies going forward. I respect Sanan for his vision and will be a buyer again on any irrational weakness.

john



To: Jeff Litwin who wrote (2232)2/13/1998 6:42:00 AM
From: Nanda  Respond to of 3162
 
I agree with your comments about the street sentiments. I personally did not like sanan announcement regarding sequential sale of his shares. His explanation that he wants to diversify his holding is pretty thin. Overall IMRS is in great shape. I want to gauge its direction over the few days. A few dollar run up would not be a problem. Remember I rode this pony since its IPO days. I feel SYNT is a better play at this time.


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