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Technology Stocks : IMON - Quoted from Barron's Corporate Reports -- Ignore unavailable to you. Want to Upgrade?


To: majaman1978 who wrote (46)1/14/1999 10:15:00 PM
From: Oput  Respond to of 2220
 
Volume is the name of the game, and 2 of the last 3 days have been the highest ever--in fact, higher than almost all previous WEEKS. I'm a relative short-termer in this stock, but things look very positive to me.



To: majaman1978 who wrote (46)1/14/1999 10:17:00 PM
From: Mr. Rhino  Read Replies (1) | Respond to of 2220
 
Mark,

I think the big players are finding out about this just this week. IMON has been mentioned in two newswires this week, and like I mentioned, it was written up, as I quoted it from Barron's back in early December.

I called the company in December before the scheduled Dec 10 meeting, and they expected big things to happen only if the meeting was successful. IMON needed California Pro Sports to buy them to be able to get traded publicly. It's like going through the back door to get public without having to make an IPO. I mean what is a Pro Sports company doing buying a WEB engine company. Obviously, number one because of their product, and because they have some big investors also.

So the meeting on Dec 10 was a success, their name was officially changed on Jan 1 to IMON, and if you look back in the stock charts and type CALP, you'll see that the stock ended the year at 1 3/8. SInce then it has been trading as IMON. Now they have been pushing their product WEBZINGER and I think it's due for release around Jan 29.

Everything they told me back in early December they have done, which gives me some confidence that they will continue to try and release their products. This stock is like an IPO that never happened. That may be why it has taken this long for it to gain any momentum. In some ways that's good. This could be like a sleeping giant.

Mr. Rhino