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

To: P. Ramamoorthy who wrote (2483)	5/3/1998 3:03:00 AM
From: eabDad	Read Replies (1) \| Respond to of 3162

Sorry. Point of clarification ... meant "they do not trade on present fundamentals, but future fundamentals." However, I am reminded of a time when I was a backup handling investor relations calls for a technology company (I was a marketing manager then). We were in the middle of a secondary after the stock more than doubled in 4 months. I will never forget a call I got... "Hello. Yes, I just bought 10,000 shares of your stock. What is it that you do again?" After a hung up the phone, I concluded that perhaps stock prices are not always set by fundamentals, but by the emotions of institutional investors. It was then that I began my intense study of the emotion of the market - TA! Z