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Technology Stocks : Informix (IFMX) Any thoughts?
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To: Jonas who wrote (82)4/6/1997 12:21:00 PM
From: seth thomas   of 139
 
I don't think IFMX is in permanent decline. I think it will hold at these levels for several quarters. But, to prevent permanent decline, management will have to eliminate $300 Million in expenses - that means laying off 1,000 people at least.

Given the bad press, and the great concern by customers, it is not fathomable that the company could recover and do $275 MM this quarter in revenue. They will be lucky, very lucky, to stay at the same level of $140 MM.
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