IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Marc Slovak who started this subject	3/23/2001 1:46:08 PM
From: Northern Marlin	Read Replies (2) of 14631

Looking over the press releases from the last nine months one finds the following: informix.com While CEO Dexmier was still in charge IFMX waited until 7/3/00, a Monday during what was for many a four day weekend, to announce a shortfall for 2Q00. informix.com With new CEO Gyenes in charge IFMX announced their shortfall for 3Q00 on 9/19/00, along with several other announcements. The company also gave guidance for 4Q00 & 1Q01 in this release. informix.com On 11/30/00 IFMX confirmed its guidance for 4Q00 in response to continued selling pressure on its stock. As we know from hindsight IFMX bettered their 4Q00 guidance by a small margin, and during their conference call guided listeners to expect sequential growth from 4Q00 to 1Q01 and beyond. So, why do I point out this history that's easily accessible for anyone? Because the stock has sold off steadily in recent weeks as though IFMX was going to miss their targets. I pose this question for the thread: If IFMX were going to miss their numbers for 1Q01 don't you think Mr. Gyenes and his team would've made that news public by now? Phil

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