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Technology Stocks : IFMX - Investment Discussion
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To: Casaubon who wrote (13876)1/30/2000 5:27:00 PM
From: Fred Levine  Read Replies (1) of 14631
 
Causabon-- My experience with options, and with timing the market, has essentially been that I win about half the time while my broker increases his percentage. Random events, e.g, the earthquake in Taiwan; the President unzipping his fly, etc. interfere with the ST results, while the LT picture remains relatively intact. I do strongly agree that emotion in decision making adds noise to the signal.

Back to IFMX, IMO, it is a better buy now than it was at 4.5 because it is simply more secure and stable. If the earnings estimates are approaching $1.00, the PE alone makes IFMX look positive .

fred
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