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Technology Stocks : Industri-Matematik Intl (IMIC) -- Ignore unavailable to you. Want to Upgrade?


To: bob zagorin who wrote (89)12/20/1998 5:15:00 PM
From: WTSherman  Read Replies (1) | Respond to of 349
 
Bob, its because they have so much cash per share that they're looking like a bank!!<g> Actually, they're listed under "non-banks" so Barron's hasn't totally lost its mind. Unfortunately, since Barrons doesn't show the purchase dates its a little hard to know if this is new buying or just a report of the buying we already know about. At any rate, I've been accumulating this between $5 and $5.5 per share. I think that they are an excellent turnaround/takeover candidate. With as much cash as they have, the downside would seem pretty limited.