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Technology Stocks : Industri-Matematik Intl (IMIC) -- Ignore unavailable to you. Want to Upgrade?

To: bob zagorin who wrote (174)	3/16/1999 11:40:00 AM
From: ynot	Read Replies (1) \| Respond to of 349

Bob, could this be the shorts covering? What if some big block buying happened in combination, then put on the Market Makers? Lack of information is a BIG problem. I am checking job ads and web engines...looks like decent activity BUT NOTHING ON IBM/eCommerce, ORACLE CPG... Greg's opinion of $12 is good, but I'd rather stay at my current, much higher average (than $2, until after April UNLESS I hear solid news. Any thoughts?

To: bob zagorin who wrote (174)	3/16/1999 1:25:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 349

clearly, much of the recent selling was alongside ORCL's bad news. i think investors are probably looking at this downcycle and have concluded the following: 1. IMIC's management was telling the truth in its problems for the last couple of q's (ORCL's slide has affected them dramatically), 2. the light is at the end of the tunnel in the y2k funding... most financial institutions, for example, will be totally y2k compliant prior to 6/30...AND will do so underbudget. 3. finally, this stock is trading at a ridiculous valuation--compared to cash, book, and sales. it is a prime takeover candidate due to it's product integration with ORCL and I2. greg