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Technology Stocks : IMPX - When Will the Dead Money Awaken? -- Ignore unavailable to you. Want to Upgrade?


To: lml who wrote (242)3/26/1998 11:48:00 AM
From: impie_98  Read Replies (3) | Respond to of 532
 
Just Another Brick in the Wall

1st there was settlement of the class action against IMP. Which allows management to focus on the issues at hand.

2nd there was a round of insider BUYING, at a time in which directors in most companys are selling their shares. The report I have shows David Laws bought 100,000 and as many as 6 others bought in lesser quantities (as little as 3,000). These were open market purchases, not option exercises.

3rd there begins to emerge some coverage. This I view as an important step, even if it isn't from Goldman or even Silverman. As up till now no one was willing to get out in front on IMP. A congratulations to the guy who put this report together, and like roaches; where there is one there are many. Get yourself a copy of his analysis at: turnaroundinvest.com

I think there will be 4ths, 5ths, and 6ths down the road for IMP, but let's keep in mind reality. The entire chip sector has trying times ahead. This report however brightens up an already beautiful day.

The "Lerax Dude" was Relax Dude... amazing what a slow reader and poor speller I am.