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

To: Nanda who wrote (2345)	4/13/1998 6:38:00 PM
From: Judy	Respond to of 3162

Nanda, I first entered IMRS at 29ish presplit, and have traded in and out of it. In hindsight, had I just held ... profits would have been more. Maybe this time I will close my eyes and hold ...

To: Nanda who wrote (2345)	4/14/1998 1:39:00 PM
From: John Sikora	Read Replies (1) \| Respond to of 3162

Nanda, IMRS looks real strong here and poised for a nice runup to earnings...I noticed they priced more options yesterday :)..Do you have an earnings dsate yet? KEA thursday to get the ball rolling and CHRZ soon to follow. I'm still sitting on a pile of SEEC in anticipation of good #'s... Enjoy... john

To: Nanda who wrote (2345)	4/19/1998 4:34:00 AM
From: paul e thomas	Read Replies (1) \| Respond to of 3162

WHY I BELIEVE IN IMRS NOW I posted several times in the main SI Y2K thread recently about specific aspects of IMRS that provide a platform for my very strong belief IMRS is a very sound stock to own as of 4/19/98 .There are three legs to the IMRS stool that make me believe the stock will significatly outperform the market and continue to outperform most other Y2K stocks.The strongest leg of the stool is the growth reflected in the last 4 quarterly income and balance sheet statements.This provides crediblity to forecasts of 5 year EPS growth of 40-50% per year.The management skills and vision of Satish Sanaan are exemplary and reflect a very keen appreciation of what really drives long term shareholder value.The second leg of the stool are the world wide post year 2000 business opportunities and competitive position in the selected end use markets where they are concentrating.The third leg of the stool is the increasing ownership by mutual funds that have owned IMRS for a number of quarters.Three new mutual funds with strong credentials have recently bought IMRS. As Satish slowly unwinds his plus 50% ownership additional shares will become available. According to Satish, IMRS plans to make several strategic aquisitions. They have nearly 100 million $ in cash and a high PE stock to leverage by buying a lower PE company.IMRS will not limit its aquisition horizon to just the USA where many aquisisions risk dilution of long term shareholder value. My only concerns about the future price appreciation prospects for IMRS are based upon a strong belief the market will crash very abruptly due to fear about the consequences of the year 2000 problem. The strong price growth in the De Jaeger index occurred about 1 year later than I expected as the investment community was slow to believe the market opportunity was real. Now I am hoping the myopia will continue.The ED Yardeni forecasts of a world wide recession are still not getting much attention and support. Just last week the Guru of Gurus Alan Greenspan said the Y2K effect on the economy will be minor. I predict in his August 1999 report to Congress he will paint a much gloomier outlook based primarily on the failure of Japan,Korea,Malaysia, Australia,China, Russia, and most of Europe to deal adequately with the potential crisis. I find it very difficult to predict what the IMRS price will be at the time the market crashes. Despite the +500% price appreciation since the initial IMRS IPO in late 1996( I got in in late March 1997) IMRS may yet find explosive speculative price support of the kind that has driven Internet stocks sky high based on fundamentals. I am trying to screw up my courage to buy June or July options. I hesitate only because of a lack of familiarity with the nuances of the investment vehicle. I got into IMRS early and just prior to the current runup since mid November I had nearly 90% of my money invested in IMRS stock.I have since beaten every Mutual fund in the country bY a mile and may even have done half as well as you NANDA.