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Technology Stocks : IFMX - Investment Discussion

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To: Fred Levine who wrote (13877)2/7/2000 7:24:00 PM
From: Fred Levine  Read Replies (1) of 14631
 
FWIW, I did buy more at 14, and because of the share appreciation, I feel less like a schmuck than I did when it was 41/2. In my infinite wisdom I bought at both 21 and 16 appx 3 yrs ago.

I also checked out the research on IFMX and the modal response was a HOLD...which is tantamount to a SELL. I suspect these opinions were when the stock was below 10.

I think there is a long latency between the peak of appreciation of the price of a stock and when the ANALysts get on board.

My favorite nothing is John Murphy and his technical analysis in CNBC. He pulls out charts and statistics to say that a stock going up is going up and a stock going down is going down. Quite profound!

I am interested if analysts start touting IFMX now that it has apparently started moving.

fred
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