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


To: John Sikora who wrote (86)3/3/1999 9:13:00 PM
From: Dataminer1  Respond to of 188
 
As a holder of SYNT and CHRZ, I can say "I feel your pain". I have followed IMRS for a while and almost got in last time it was 17.

The weakness in this sector is unbelievable given the growth rates and p/e's. I feel certain that this is a temporary condition, and will probably nibble at IMRS at these levels. I seem to be putting together my own "IT mutual fund".

It will be interesting to see which of these stocks rebounds the fastest when the tide turns.

Funny thing, I actually made quite a bit of $$ last year with KEA. Glad I decided to take the profits on that one. Heck, it looks cheap here too. Such a great sector. One day, these stocks will rise again and I will be patiently there to sell some of my shares at what I feel will be a fantastic return.

I have plenty of time and still think buying low is a good strategy.

Best of luck,
Bill



To: John Sikora who wrote (86)3/3/1999 9:21:00 PM
From: airborn  Respond to of 188
 

This whole sector is crashing and burning, look at SYNT, doing well as a
company but their share's are also now at a 52 week low, IMRS and SYNT were
the same price not too long ago, is IMRS heading in that direction, will IMRS be
$10.00 this month?

Very frustrating, watching these stocks crash and burn, when they are growing
and very profitable!



To: John Sikora who wrote (86)3/4/1999 9:25:00 AM
From: paul e thomas  Read Replies (2) | Respond to of 188
 
John,Panic selling began by began by both institutional and small investors once the price broke through the double bottom previously tested in October and November.The price fall was arested in the last 20 minutes with most of the last 100,000 shares being on the buy side. It could go either way today if it falls the the next resistance is 13 established in Oct 97.I will be buying also when it bottoms my margin permitting.