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

To: BuddyW who wrote (1642)	1/29/1999 12:44:00 PM
From: Anthony@Pacific	Read Replies (1) \| Respond to of 2220

Oh...trust me he would hype it if he actaully had anything to say..but since he doesnt I m just warning him as I warned USAT!

To: BuddyW who wrote (1642)	1/29/1999 12:55:00 PM
From: StockDung	Read Replies (2) \| Respond to of 2220

Did IMON CEO post on internet message boards using a phoney screen name? He said he had to post using his real name, does that mean he might have posted under assumed names? What is a CEO doing spending all day on IMON message boards anyway? anyone know where his post can be located? The SEC should look into any private messages he had on SI. Tokyomex seemed to know too much. "The first time I saw the rumors was Monday," he said. "I saw it (on an Internet board) and I immediately put up a posting, with my own identity as CEO, saying that is was nonsense. (But) That message had no effect." ImaginOn <IMON.O> CEO quashes rumors, shares slide NEW YORK, Jan 27 (Reuters) - Shares of ImaginOn Inc. slipped Wednesday, after the San Carlos, Calif.-based Internet software company quashed rumors it was involved in "a possible transaction" with online giant America Online Inc. Shares of ImaginOn fell 27 percent to 8-9/16, off 3-1/8. The shares, which traded at around 2 a share two weeks ago, soared to a 52-week high of 15-1/4 on Tuesday. ImaginOn CEO David Schwartz told Reuters that the company is not in talks with AOL. Schwartz said he became aware of the gossip on an Internet message board on Jan. 25 and quickly tried snuff it. "The first time I saw the rumors was Monday," he said. "I saw it (on an Internet board) and I immediately put up a posting, with my own identity as CEO, saying that is was nonsense. (But) That message had no effect." After the stock rose to its all-time high on Tuesday, amid trading volume more than ten times its average, Nasdaq urged the company to comment on its unusual trading activity, Schwartz said. ImaginOn's press release late Tuesday reiterated the denial. It stated the company recently closed a merger with its ImaginOn.com unit, and that it has released all relevant information to the market. An America Online spokeswoman, asked about any possible ties with ImaginOn, said AOL does not comment on rumors. ImaginOn at one time sold in-line skates and snowboards under the California Pro Sports name. Schwartz said the company expects draw revenues from software sales and fees from companies who want to use its products on their computer systems, Schwartz said. "We think our big revenues will be on the business side from site licenses on the enterprise edition and the server version," he said. Asked to name its corporate clients and about any plans to license the software for use in products made by other companies, Schwartz said he has no comment. The company on Friday will release WebZinger 6.00, Internet research software that combines Web browsing, searching and downloading functions. 16:51 01-27-99