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

To: BigTex who wrote (1062)	1/26/1999 7:50:00 PM
From: Elminster	Respond to of 2220

After reading messages, seems like the shorts were doing their business when IMON was $5.00 to $7.00 dollar range. Not a bad move, but someone is out to get them, the stock now sits just under $12, in two consecutive rallies. Imagine if someone used all their money and shorted at $7, the stock moves to $15 dollars, they lose all their money. That's not a wise move. If the stock stays around $10-$12, margin calls. If the stock maintains for a few days and rallies back and breaks $15, the shorts are done. It is a simple thrashing. Shorting again at higher levels only buries them deeper. ouch!!!! Someone was definately out to get the shorts this week. Crazy soap opera. Elminster