Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: paul e thomas who wrote (51)	1/22/1999 12:29:00 AM
From: DD™	Read Replies (1) \| Respond to of 188

IMRGLOBAL CORNERS VALUABLE NICHE OF IT MARKET IMRglobal has increased its earnings per share by a blistering 75% during the last five years. Analyst Bob Hirschfeld sees further success ahead. iionline.com DD

To: paul e thomas who wrote (51)	1/22/1999 7:49:00 PM
From: RBB	Read Replies (2) \| Respond to of 188

IMRS is included in the NASDAQ stocks that are now subject to the new 50% maintenance requirement. Do you think that is the reason we saw a small selloff in IMRS? Considering CBSI's performance today (up $2+), I am guessing that some IMRS investors had to clear their positions because of the new rule. For a list of stocks that are affected, go to: www4.techstocks.com Hopefully that was the end of selloff. -Rambabu

To: paul e thomas who wrote (51)	1/22/1999 9:40:00 PM
From: paul e thomas	Read Replies (1) \| Respond to of 188

IMRS ended the week at the open on Tuesday.It was a volatile week not easily explained. I have the impression though that there is a lot of momentum individual investor players involved with IMRS intermixed with institutions adding or subtracting significantly to existing positions. Yesterday though I saw some big sell side trades go through which suggests to me that the market perceives IMRS may be nearly fully valued based on the information on hand. I believe rather strongly that it will take a very positive story about non-Y2K business to bump IMRS much above the recent high.I am not impressed with the quarterly results of those Y2K firms who have thus far reported earnings.The volume chart is also weakening. The Worden Buying Power chart is now only slightly supportive of upward price momentum.