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

To: Bruce Rozenblit who wrote (2681)	8/28/1998 2:34:00 PM
From: Bruce Rozenblit	Read Replies (1) \| Respond to of 3725

We are up 7/32 and the spread has turned positive at 1/16. I think the short play is over and covering is definitely underway. I wouldn't be surprised if the market makers loaded up on inventory at these give away prices and now they will use every opportunity to crank up the price when they unload it. If the overall market will settle down and we get some good news in a couple of weeks, we could see a short squeeze that would be to our advantage.