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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: t36 who wrote (27369)	4/13/1998 5:20:00 PM
From: Knighty Tin	Respond to of 132070

Sue, As you know, IMP was one of those stocks that went up on the coattails of Iomega. It is losing money and has no great proprietary technology. It is a commodity analog and mixed signal device producer and not in the game with major players like Analog Devices, which spends more money per week on R&D than the net worth of IMPX. Unless they get another hot product, like the Zip Drive, I don't see much that will get them out of the hole. That being said, this is a penny stock and as far as those gambles go, this, at least, is a real co. If you buy it and treat it like a long call option, it may be ok. They have settled their litigation and do have some interesting products. Yes, the entire field they sell into is in the toilet, but IMPX may survive and prosper. So, though I see nothing that will make the stock a buy on a tough valuation basis, as a speculator, you have to say that your risk is only 1 7/8. But don't bet the ranch. MB