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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: DM who wrote (5945)	1/26/1999 9:43:00 AM
From: Poet	Read Replies (1) \| Respond to of 56535

DM: IMON and DNCC: I'm trying to buy IMON but it justs keeps flying! I'll be patient and see where it settles at 10.

To: DM who wrote (5945)	1/26/1999 9:44:00 AM
From: Trader J	Read Replies (1) \| Respond to of 56535

IMON - Really extending itself here. Don't know how much further it can go, was up $2 early....would have sold that and waited for the MM pullback. Think PRFM is a better play now..... watch the Inets as a whole to get an idea of what to do with IMON and PRFM...sell the weakness, buy the strength. TJ

To: DM who wrote (5945)	1/26/1999 8:06:00 PM
From: Greg Butcher	Read Replies (1) \| Respond to of 56535

DULLES, Va., Jan. 26 /PRNewswire/ -- Dunn Computer Corporation (Nasdaq: DNCC) today announced its fiscal year results for 1998. For the twelve months ended October 31, 1998 revenues were $66.9 million as compared to $21.3 million for the twelve months ending October 31, 1997. Earnings for the twelve months ended October 31, 1998 were $980,000 as compared to $1,300,000 for twelve months ended October 31, 1997. Earnings per share were $.13 versus $.28 for the same period with shares outstanding increasing from 4,679 million to 7,492 million on a fully diluted basis. Thomas Dunne, President of Dunn Computer said, "The Company recognized certain expenses related to the treatment of government lease transactions and costs associated with the IDP acquisition in the fourth quarter. The Company expensed $564,000 in acquisition costs and has adjusted through the purchase price $1,144,000 of current and anticipated future expenses. The lease accounting adjustment and purchase price adjustment affected fourth quarter earnings by $.14 per share. By recognizing all the expenses associated with the IDP acquisition in fiscal 1998 future earning will not be negatively affected." Dunn Computer Corporation (Nasdaq: DNCC), VA manufactures custom computers and provides specialized manufacturing and consulting services directly to its federal government and commercial customers. Dunn's hardware products include Intel-based workstations, high-performance network servers, and portable computers. Dunn Consulting provides professional consulting services and is organized into six distinct practices -- Microsoft, Novell, Network Infrastructure, Web Site Development, Staff Augmentation and Systems Deployment. The company is headquartered in Dulles, VA and can be reached at (703) 450-0400. Additional information on Dunn is available at www.dunncomputer.com or by e-mail at info@dunncomputer.com.