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Technology Stocks : IFMX - Investment Discussion

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To: J Bertrand who wrote (9358)2/12/1998 11:07:00 AM
From: Melissa McAuliffe  Read Replies (2) of 14631
 
Jeff, I was always here...just didn't have comments to offer. I would never leave you guys.<G> I feel like we went through the wars together or something. Anyway, here is my opinion...I don't see any reason why this stock should not trade around 9+ at least. Maybe a slight bit less but not much. The reason I say that is because that is pretty much where things were until all the really bad news last year. I am not talking about the first bad news when the stock dropped initially but all the subsequent financial misrepresentations, etc. When I saw BobF. on CNBC this a.m. I thought to myself..."I would buy software from that man". Am I am sure there are others who really are looking to license software who will feel ( felt) the same way. There may be companies who simply cannot license from an unprofitable company and now that problem is behind us. I would never buy stock in a company if I didn't have a good feeling about the CEO. We are very lucky we have CNBC so we can actually see some of these people. He just seems very down to earth and extremely honest. I guess that's why there have been so many people who were rooting for him. I don't mean the people here but the people out in Silicon Valley and the friends he seems to have made throughout the industry. I also think (and this idea was put into my head by Brian Hughes) that they must feel this quarter is in the bag. Otherwise they would have held back some of this profit to use for this quarter. I am sure it would have been very easy to do and he is savvy enough to know to have done it if he felt it was going to be necessary. I can't believe they would ever have reported .05 if things weren't looking up going forward. All they needed was .01 or even .02 and they would have been fine. They have repeated parts of this interview on CNBC at least three times already today and it's on 11:00.
Melissa
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