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

To: gerald tseng who wrote (2503)	5/8/1998 12:27:00 PM
From: Kal	Read Replies (2) \| Respond to of 3162

All, I;m thinking about getting back in in imrs. Are we done with the down term technically? Is 27 a good entry? I'm going for mid to long term hold. Any responses appreciated.

To: gerald tseng who wrote (2503)	5/8/1998 1:20:00 PM
From: paul e thomas	Respond to of 3162

Gerald I have laddered May, June and August calls among strike prices of 25,30,35,40, and 45. IF I had to do it over I would not buy 40 or 45 calls. I believe August is best month because I believe at the JUlY Analyst Conference call IMRS will provide some substance to the assumption everyone is making they can replace the 55% of their business that is now Y2K and grow it long term at a rate greater than 40& a year for the next 3-5 years. Satish said in the last conference call we can expect some very good news by the next call. I also am hoping they will announce their aquisition candidate. This is less probable by then.