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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (12835)	8/10/1998 11:02:00 PM
From: Instock	Respond to of 120523

Jenna: What do you think about IMSI ? Down 29% Friday, Down another 6% today. Volume dropped today. Small rally at the open, then lower. Shorts taking it lower, then a short sqeeze? $7 was it's low Friday. Closed at 7 3/4 today after dippping down to 7 1/2 and up to 8 1/2. It seems to want to go lower, but not much lower. Then BANG! Up I say, the stock will go lower interday Tuesday and at that point, it becomes a BUY. In otherwords, try to BUY in during the interday low, as it will go higher for the next day or two. IMO Instock