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Technology Stocks : IFMX - Investment Discussion

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To: Dave Yenne who wrote (9495)2/17/1998 12:50:00 AM
From: James Luk  Read Replies (1) of 14631
 
I agree with you Dave, even though some people in this thread may be upset. I think IFMX's profit was a reclamation of excess losses reported several quarters ago. Revenue is substantially down; significantly below SYBS. Baring any surprise, short-term, I think that IFMX will trade between $7.50 - $9.50. Expect it to go below $8 next two weeks after the euphoria subsides. SYBS would be a better buyout target.
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