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Biotech / Medical : IMAT - ultrafast tomography for coronary artery disease -- Ignore unavailable to you. Want to Upgrade?

To: Robert Sherman who wrote (2480)	5/20/1998 11:26:00 PM
From: Bruce Rozenblit	Read Replies (1) \| Respond to of 3725

Saw something on Yahoo about an article in some internal medicine magazine. Also read that the 16 million shares registered are due at the end of June. That could mean we are due for a super pump and dump. This happened to me in another stock. The private placement people drive the price up to get a rally going, draw in the suckers and then pull the plug. I don't trust anything on the Nasdaq regarding low priced stocks anymore. It is a treacherous place. The SEC is so understaffed, and the volume of trades so huge, there is no way to police the market. Even if action is taken, it takes so long that the bad guys are long gone with our money. The moral is be VERY careful of any rally when a private placement is due to unwind!