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

To: Steven Finkel who wrote (610)1/19/1999 11:54:00 AM
From: Robert Knight  Read Replies (1) | Respond to of 2220
 
My prediction is that it heads lower...

I base this opinion on watching the trades and MM activity on L2.

Though the "story" appears quite good, the floorless convertible is the problem right now. There are to many "seedy" firms hovering around this stock which in itself tells you that something is not right. I'm glad to see that people have taken profit. Volume appears to be slowing as well as momentum. JMHO....

Robert



To: Steven Finkel who wrote (610)1/19/1999 12:22:00 PM
From: HRAKA  Read Replies (1) | Respond to of 2220
 
It's over. The volume is drying up and the traders are going else where to trade. Back down to $2 in a few days.
Hraka


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