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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Land Shark who wrote (7312)	3/24/1999 11:02:00 AM
From: Know Genius	Read Replies (1) \| Respond to of 18998

Mr. Pink Your greatness. I was very sorry to see that you were trashed so unfairly by such a 3 rate reporter. Oh well on with life. I am sure you will not like this story but I feel it is worth posting anyway. I am sure everyone is aware of EFAX by now. Yes it was overvalued at 10 and it is 2x overvalued at 20 but I hate to let the facts get in the way of a good trade. Now relax because I would not grace your site with such an overvalued stock that has already made such a huge move. I am looking at a stock which is trading at 1/100 of the market cap. Specifically Image Power (VSE:IPZ)http://quote.yahoo.com/q?s=IPZ.V&d=t There are 23 million shares out and I believe the float is under 3 million shares but I am not sure. The last two days the volume has exploded and the price is rising. They seem to be providing technology to EFAX that allows greater compression biz.yahoo.com and it now appears that they are throwing their hat into the Electronic Fax ring biz.yahoo.com At 1/100 the price doesnt it sound like an interesting spec? I know that someone as great as yourself wouldn't bother but for us punters what do you think? I'll get low grades I'm sure