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Technology Stocks : Icon CMT Corp. (ICMT) -- Ignore unavailable to you. Want to Upgrade?


To: Larry T. who wrote (15)3/22/1998 10:43:00 AM
From: Hector  Respond to of 128
 
Larry,

I agree with you on ICMT. The only reason it went up was
because of the "greater fool theory". I'm looking for below 10
this week.

Regards,
Dave



To: Larry T. who wrote (15)3/22/1998 10:51:00 AM
From: LghtBrgade  Read Replies (1) | Respond to of 128
 
Larry T. you could very well be right in what you are saying; however, the fact is that with all the news, momentum, and volume which is going in ICMT's favor right now, I am seriously doubting that ICMT is going to do a 180 degree turnaround. ICMT is in the spotlight right now, with help fueling from EXDS going public. Furthermore, in reference to the Briefing.com article on ICMT, the entire trading world most likely did not read that article the very moment it was posted. Most probably read it Friday night at home or anytime over the entire weekend, which gives people plenty of time to consider going long on ICMT. I would think that quite a bit more eyes have read the Briefing.com post in contrast to yours, and that posting spoke really strong words for the value of ICMT. I am not here to oppose you nor to defend you, all will be said Monday morning when ICMT opens. If in fact you are right in what you said, I would think that ICMT would open lower than Friday's close. But if it opens higher, I think we are going to continue a nice uptrend.



To: Larry T. who wrote (15)3/22/1998 11:40:00 AM
From: Ed Don  Respond to of 128
 
NYMXF is a poor analogy. It's rise was typical of a development stage biotech making what appears to be a revolutionary announcement when in fact they are still years away from clinical trials. Geron is a case in point. NYMXF was also hurt when its technology was questioned by a
distinguished medical organization.

You talk about facts. What facts? I don't have facts and you don't have facts. You only have opinion. I could quote you or I could quote Briefing. You both make sense buts it only opinion. Alan Abelson has been stating facts through out this bull market. His facts may be correct but his conclusion has been wrong.

I purchased ICON at 10 1/4 and sold half my position at 16 3/4 and am holding the rest for a possible ride to 20+. I'm not smart enough to forecast the future.

Icon reminds me of U.S. Web which also had a poor initial response to its IPO.

As for the CE0's performance on CNBC; it only proves that he is not a practiced CON MAN.



To: Larry T. who wrote (15)3/22/1998 11:51:00 AM
From: Ed Don  Read Replies (2) | Respond to of 128
 
Furthermore as a recent visitor to Silicon Investor I think you should try to be more mature and keep the personal remarks to yourself.