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Author: kjbt100 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6186  
Subject: Iocom / Optima Date: 1/29/2002 11:49 PM
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Has anyone got an opinion on either Iocom (ICM) or Optima (...

Iocom basically provides IT department services... it was the first company I bought shares in - just before the share price crashed phenomenally (by about 90%). I knew it was risky - and I'd only bought what I could afford to loose - but I've still learnt a lesson in caution(I hope!)

Iocom is now looking at acquiring Optima Computer Technology - an Aus manufacturer of PC's, Servers and Workstations.

I've got the option of buying further Iocom shares at a discounted price, prior to the acquisition. The discount isn't huge - share price is currently 0.055 - discount purchase price is 0.05

My catch-22 is that, now that the share-price is low, it might actually be a good time to buy and re-coup some of the losses, however I've also been burnt once - I think the company basically has a sound foundation - but I'm not sure if thats sufficient to turn things around... I'm a little wary whether acquisition is always a positive - just because it can be difficult to amalgamate different companys and cultures...

Unfortunately, I don't yet know enough to make a decision based on analysis - I simply don't yet know how to... but I don't want to make another gut based decision...

does anyone have any thoughts?
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