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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7707)1/25/2001 3:14:57 PM
From: Jibacoa  Read Replies (1) of 13094
 
JIM:

Nice up-gap today on IFMX.

May be it is responding to the news:

MENLO PARK, Calif.--(BUSINESS WIRE)--Jan. 25, 2001-- Informix® Software (Nasdaq:IFMX - news), the database company(TM), today announced that it has entered into an exclusive agreement to market, sell and distribute the Management Information Tools Software (MITS) online analytical processing tool suite for MultiValue databases.

Developed by Management Information Tools, Inc. as a low cost, high performance business intelligence solution, MITS is compatible with a wide array of MultiValue databases, including Informix Software's extended relational databases, UniData® and UniVerse® (U2(TM)), which command approximately three-quarters of the MultiValue database market according to a recent Gartner Group report.

``The MultiValue database marketplace is integral to the success of Informix Software,'' said Susie Siegesmund, vice president and general manager, U2 and Tools, Informix Software. ``This agreement demonstrates our ongoing commitment to strengthen the U2 open MultiValue tools offerings by working with partners to deliver customers powerful, cost-effective solutions like MITS to help them unlock the full value of their data.''

RAGL

Bernard
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