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Non-Tech : Bill Wexler's Dog Pound
REFR 1.630-6.8%3:57 PM EST

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To: Paul A who wrote (6211)1/19/2000 11:59:00 PM
From: Bill Wexler  Read Replies (2) of 10293
 
I love the way everyone ignores IFMX...but slowly and surely it continues to crawl back. My long-term target for this stock was the high 20s, but imagine what will happen if the current bubble in technology remains stable (or continues growing) and it starts to get a little more visibility among net stock investors.

Consider also that if tech stocks take a very deep dive (as I *think* they will in the near future), the margin of safety for IFMX remains very good. It still trades at a dirt-cheap multiple, and its litigation problems are now firmly in the past.
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