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

To: paul e thomas who wrote (2322)3/16/1998 2:21:00 PM
From: Nanda  Read Replies (1) | Respond to of 3162
 
paul, I sold 2000 today at 53 and I still have 3000 left. I also closed my March 45 options. I still hold May 50's. My selling had nothing to do with your conclusions rather than on my decision to take a position in CMND. I will beg to differ with you as I think the effect of split is not fully reflected in the price. I see a high of 55-56 before the split.



To: paul e thomas who wrote (2322)3/19/1998 1:25:00 PM
From: paul e thomas  Read Replies (2) | Respond to of 3162
 
Confirmation of Hypothesis

As I postulated IMRS did correct but only about 8%. This is good news indeed as reducing the cyclicality will in itself attract new buyers.The IBD article today about the Lord Abbett Developing Growth Fund focused importantly on IMRS and highlighted the repositioning of the company.Imrs needs some big up- volume days to sustain continued new 52 week highs.


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