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


To: eabDad who wrote (2477)5/2/1998 8:42:00 PM
From: giddy guru  Read Replies (2) | Respond to of 3162
 
//gg//

You wrote

I expect IMRS to bounce here to 33-35, and then test (perhaps even break)it's recent low.

Based on Which technicals?

/gg/



To: eabDad who wrote (2477)5/2/1998 11:08:00 PM
From: Les H  Read Replies (1) | Respond to of 3162
 
IMRS has previously had shakeouts below the 200-day mov avg which is slowly moving up to about 25. MAST and KEA have held up so far, with KEA having held at the 50-day mov avg more firmly.



To: eabDad who wrote (2477)5/3/1998 2:09:00 AM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 3162
 
eabDad - Re.: A mental note about y2k stocks and prices - they do not trade on fundamentals, but growth outlook.
That is what I thought before Sep 97. After Sep 97, y2k stocks are priced on fundamentals and are punished severely because of their short horizon. Hence, safe to stick to fundamentals. Good luck!