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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 (5067)9/12/1999 9:13:00 PM
From: Sergio H  Read Replies (1) of 13094
 
IVX

I've been in this stock for a while as you know. Keeps hitting new highs. The fundamentals are excellent. The CEO likes it so much, he keeps buying more shares for himself and the Co.

Ivax is a successful turnaround story. Forbes featured IVX in their Sept issue. and the stock made Individual Investors Magic 25 list in Sept. Gruntal keeps increasing earning estimates and investors applauded Ivax's decision not to go ahead with Internet pharmacy plans.

There's a lot more to like. IVX has some interesting drugs that have promise in new applications and the Co. is considered a very likely buyout candidate.

Sergio
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