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

To: Wizard who wrote (70)2/17/1999 4:21:00 PM
From: paul e thomas  Respond to of 188
 
EXCELLENT OPERATING BUT DISAPPOINTING MARKET RESULTS
Neither the earnings or conference call positive results and prospects for 1999 and beyond were sufficient to overcome the pessimistic outlook for IMRS perceived by individual investors.IMRS is flawlessly executing a very sound strategic plan.It mattered not to those with their mind made up that IMRS can not replace the high margin Y2K business fast enough.Small investors continued to sell.It appears there is institutional support. The last trade of the day was a buy of 20,000 shares.



To: Wizard who wrote (70)2/17/1999 8:11:00 PM
From: Wizard  Read Replies (1) | Respond to of 188
 
IMRS is saying that their mix of y2k revenues will be 9% in Q499. The stock should start to work in the second half of the year. y2k work will be far less than 5% of revenues in 2000. Investors should be willing to discount 2000 earnings during the second half of 1998.
The current market correction is healthy, IMO. Stocks look expensive on 1999 earnings and 2000 is too far away to entirely discount. We need some time.


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