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Technology Stocks : IMRS A Y2K FIRM SUCCESSFULLY REPOSITIONING ITSELF -- Ignore unavailable to you. Want to Upgrade?


To: paul e thomas who wrote (26)1/11/1999 7:53:00 AM
From: G-PARR  Read Replies (1) | Respond to of 188
 
TO ALL
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To: paul e thomas who wrote (26)1/13/1999 11:55:00 AM
From: paul e thomas  Read Replies (1) | Respond to of 188
 
DECISIONS UNDER PRESSURE
I had to take my wife for outpatient surgery just before market opened.All I knew was that there was some problem in Brazil that was supposed to affect the market negatively just before the market opened I cancelled all open oders which had been based on assumption stock would continue to climb. I sold 2/3 of my call options at the market just after the open did rather badly as price started to recover rather quickly I then bought 2500 sHares IMRS at average price 27 1/4 and sold last of my January calls at 1 1/8 higher than price received on earlier January 22 1/2 calls sold.Given the limited information access I had I cant complain I guess.