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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 (464)	1/21/1999 4:00:00 PM
From: GTC Trader	Respond to of 532

Agreed. Range was $7.50 to $5 that first day. Hopefully we have had our haircut and it will start to grow back. With 25% left to go (from $6 to $7.50) and then another 10% to get to $8.25, I am not holding my breath, but I hope that you are right about the support here. Also, I have always heard that stocks over $5 have more interest from institutional investors than stocks under $5. Perhaps the reverse split might actually help us if we can hold around $6. Thanks for your comments -- HB

To: Zeev Hed who wrote (464)	2/8/1999 4:43:00 PM
From: marcher	Read Replies (1) \| Respond to of 532

Zeev, what do you think about the financing? >>The company sold just under 20% of the total number of outstanding shares of Common Stock to raise the sum of $2,371,500. A price of $4.50 per share was established by taking the weighted average high and low trade prices per share of the company's Common Stock for the 30 trading days up to and including Jan. 13, 1999. This was the date prior to which the company submitted the terms of the funding agreement to Nasdaq for review for compliance...<<