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

To: Jay Morrison who wrote (635)	3/26/1998 2:27:00 PM
From: barry krick	Respond to of 665

Jay, Noticed big volume blocks yesterday and today. All the big trades around 12:30 and after. Yesterday 100K block at 12:59, with several 10K and 20+K blocks. Today, there were some trades around $1.00 with a 75K trade, a 33K trade, and some others. Go figure, are the big boys getting in or getting out? Is Zannett selling their shares already? Interested in your feedback.

To: Jay Morrison who wrote (635)	3/26/1998 8:43:00 PM
From: George Young	Read Replies (3) \| Respond to of 665

According to IR today at IMGX, Zannett has not converted any of their shares into stock, and therefore is not selling at this point. I also found it interesting that insiders have been buying several hundred thousand shares over the past year (also according to IR) on the open market (in addition to their options). I think we just need to wait this one out a couple more quarters. It has been a long and frustrating wait for these guys but nothing has ruined their credibility yet. If we come in below $7m in revenue this quarter, then I may start to worry a little. Otherwise, I think we should sit tight. Any contrary opinions out there? George