Continuing the IFMX discussion and more... Message Board

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Strategies & Market Trends : Continuing the IFMX discussion and more...

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To: Melissa McAuliffe who wrote (109)	9/3/1997 12:54:00 PM
From: Marq Spencer	of 206

Melissa, On the IFMX front, I've more than once stuck my neck out on the IFMX thread and said that this could be a $6 stock in the next six-to-nine months. My goal is to lower my cost of this stock, by writing covered calls, to under $5. Then just let it sit. The possibilities are that the company may turnaround in the second half of 98 enough for th stock to be in the teens, or they get bought out. If they get bought out, the price would be about 50-100% above the then trading price - that's the kind of offer the board can't refuse. - Brian.

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