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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (7312)1/27/1999 3:12:00 PM
From: Shane Venem  Respond to of 43080
 
Briefing.com did a piece on IMON yesterday in their stock brief. The only way the company could get funded was through a reverse merger with a sports equipment company that was basically going belly-up.
The company has 8 full-time employees, no significant revenue, and according to the independent appraiser hired for the merger, is worth about $10 million, or .30/share. The rumors about AOL licensing WebZinger are "complete bullshit" according to IMON CEO David Schwartz.