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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (5054)9/9/1999 1:53:00 PM
From: James Strauss   of 13094
 
IFLO... A Fundamental Play...

Gang:

Today I added to my IFLO position... This is not based on the charts which have been flat... It is based on continued Revenue and Earnings growth... Revenues and Earnings are growing nicely... Here is the latest news about the company...
biz.yahoo.com

There is quite a bit of good happenings not yet factored into the Analyst's estimates... Recent FDA approvals and the Johnson n Johnson distribution partnership should help IFLO improve upon its past earnings surprises during Qtrly reporting... In 21 days the current Qtr ends... Add 15 to 30 days for earnings release... We should begin to see a steady accumulation of shares in anticipation of another earnings surprise... This could be the Qtr where the 5.50 price is taken out... I'm holding this for at least 18 months...

Jim
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