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Technology Stocks : IMPX - When Will the Dead Money Awaken? -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (462)	1/21/1999 3:36:00 PM
From: GTC Trader	Read Replies (1) \| Respond to of 532

<< Typically after a split the stock decline (mostly because there is a large supply from odd-loters dumping their stock). >> Zeev, Hopefully IMPXD will be a happy exception to the curse of the reverse split. I am currently holding MXMX which I bought for $1+ only to see it drift to 5 cents. End of November, they did a 10-1 reverse to pump it up to 50 cents (MXMXD). I was waiting for it to drop to 35 cents or so, but instead it steadily rose to $2.50. Last Friday, they dropped the D and went back to the MXMX ticker. Right now, the Bid-Ask is $3 - $3.25, so it is still heading in the right direction. (I am still severely underwater, though, since I didn't exercise a stop-loss.) Let's hope IMPXD breaks $8 soon! Best regards -- HB