IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: MHA who wrote (14609)	6/3/2001 12:59:55 PM
From: M. Charles Swope	Read Replies (1) of 14631

Business Week has a short, very positive piece on IFMX in the current edition (June 11). After mentioning the advantages of its relationships with IBM and SAP, it goes on to say: "With no debt and $1.5 billion in cash, or about $4 a share, "Ascential's valuation is compelling," says Vincent Muscolino of David L. Babson Technology Fund. Its peers trade at 7 to 10 times sales while Ascential trades at 2 times. Sales are expected to rise 30%, to $160 million, in 2001 and jump to $230 million in 2002, says Muscolino." businessweek.com Charlie

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