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Positive message from i-mate sends battered shares back up

Shares in i-mate, the beleaguered mobile phone and hand-held computer developer that is majority-owned by Glaswegian Jim Morrison, surged 13.5% yesterday after the company poured cold water on rumours that it was on the verge of collapse or a sale.

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MARK SMITH, Deputy Business Editor

Shares in i-mate, the beleaguered mobile phone and hand-held computer developer that is majority-owned by Glaswegian Jim Morrison, surged 13.5% yesterday after the company poured cold water on rumours that it was on the verge of collapse or a sale.