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Technology Stocks : IFMX - Investment Discussion
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To: John Solder who wrote (13727)12/3/1999 10:10:00 PM
From: Gary Korn   of 14631
 
I'm very enthusiastic about the accretive ARDT acquisition and have started accumulating IFMX through ARDT shares.

I first got into IFMX with just 300 shares at 11. Having read the synergies offered by ARDT, I added another 1,000 ARDT shares today at 30 (which is like buying 3,500 IFMX at 8.57). I will average down when/if the opportunity arises.

I view this as a value play very much like ASND (at 22), ELN (at 23) and NITE (at 24). Yes, there may be some more trading downside, but you can't keep a stock that grows revenues over 20% per year, in a very hot sector, down for long.

Gary Korn
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