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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: BarbaraT who wrote (11050)	3/11/1999 1:51:00 PM
From: LTK007	Read Replies (1) \| Respond to of 56535

It doesn't look good Barbara,as volume is fading--but it really is a great long--I am just 1k at 14.70 so I am really converting it to a long--and will actually add if it pullsback to 11----it is as it is now,undervalued terribly when compared to ENMD.Max90

To: BarbaraT who wrote (11050)	3/11/1999 2:59:00 PM
From: LTK007	Respond to of 56535

Barbara just saw a 7.5k and 10k block go through at 13.50 buy side,so somebody other than we retailers are interested in IMCL.Max90

To: BarbaraT who wrote (11050)	3/11/1999 3:41:00 PM
From: StockHawk	Respond to of 56535

BarbaraT - IMCL - A similar situation a while back involving AGPH. They were reported to have good results from Phase II cancer trials, CEO on CNBC and the stock sold off. I don't remember the exact numbers but it ran up to about 42 and then slumped to 39. It continued trading lower for days but a few weeks later started to move up and broke 50 not long afterwards. That was before the takeover announcement which sent the stock up a few more dollars. The same could happen with IMCL. (On the other hand, several here played ASTM which never recovered and lost about half its value.) StockHawk