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

To: John Carson who wrote (2401)	4/24/1998 7:50:00 PM
From: Red Dragon	Read Replies (2) \| Respond to of 3162

IMRS currently has 70 Y2K projects but only started one new Y2K project this quarter, wants to move away from Y2K since they have 55% of their accounts in y2K business right now. I wonder if this is what traders focused on, driving the stock down today. I think we all realize that a move to non y2K business is best for the overall long term health of IMRS. But short term players who are looking at IMRS as a Y2K play may be having second thoughts. To be honest, I am a bit disappointed that they are not pursuing Y2K more aggressively. I understand the long term vision, but Y2K problems will continue to generate very lucrative revenue for at least the next 18 months or so. So why not feed at the trough like others are? They plan on converting Y2K business to long term customers - so why not get as much Y2K business as possible initially? Thanks to everyone for summarizing the conference call.