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Technology Stocks : Informix (IFMX) Any thoughts?

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To: Roland Kahn who wrote (121)4/17/1997 7:44:00 PM
From: trend researcher   of 139
 
I hear the stock has $4 per share cash currently trading in the 7's to 8. Rather cheap long term for a company that seemingly has competitive products???

I think this company is a victim of over-reaction. Unless somebody has some hard evidence that informix has been mortally wounded, technologically obsoleted, etc. etc. Then i think I'm getting a real steal in the 7's. Which by the way looks like a retracement to a fourth wave resistance.

I actually, perversely love all of this negative news. It reminds me of american power conversion in the latter of half of 1995 when it got hit with legal suit.

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