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

To: paul e thomas who wrote (2506)	5/8/1998 2:05:00 PM
From: g-man	Respond to of 3162

Paul and all, I read in the latest IMRS proxy that they are proposing to increase the outstanding number of shares to 100 million ( to be used for stock splits and or acquisitions). I know there has been talk that IMRS is shopping for potential targets. Has anyone heard of any possibilities lately? On a separate note I to read the Raymond James reports ( the first one after the CC and the second trying to explain the major selloff.) after reading them and to hear the additional info you dug up I see this as a GREAT buying opportunity and I have added to my position. I am tempted to buy calls but have been burned in the options game before. I made the mistake of buying calls to far out of the money. I think the allure is there when you can buy them so cheap and the potential for a "killing" is there. I have done much better buying in or near the money calls and straddles around earnings time. G-Man