Avant (AVNT) Message Board

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Technology Stocks : Avant (AVNT)

AVNT 30.96

-1.7%

Dec 12 9:30 AM EST

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To: GW who wrote (294)	8/21/1997 11:56:00 AM
From: Paul M.	of 3441

I love to bottom fish but I don't know if IFMX is at that price. I cleaned up last year on tickle me Elmo (Tyco Toys) was bought buy Mattel. That stock traded as low as $4 with only $50m shares outstanding. Amerindo pushed Avants stock up to 30. They own over 50% of the oustanding shares a long with other institutions the stock is not very liquid. Avant has appr. 26m outstanding. On slow volume days I have moved the price of the stock. I do not think you are going to do this with IFMX. They have over 125m shares outstanding and most of the big institutions dumped the stock. Avant will take the road of a petsmart eventually. This does not mean you can't make money on IfMX. You can play that stock from $8-$11 like a fiddle because it is so liquid. Try to short shares of Avant. On most days you can not get any if you do manage to get any you do not want to dump any because you risk missing the big dip. Ifmx is a breeze to short. Good Luck and Happy Hunting!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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