IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Michael G who wrote (9413)	2/12/1998 6:25:00 PM
From: Labrador	Read Replies (1) of 14631

RESEARCH ALERT - Informix raised Hambrecht & Quist LLC -- BUY Recommendation LOS ANGELES, Feb. 12 (Reuters) - Hambrecht & Quist LLC raised its rating on shares of Informix Corp to buy from hold after the company reported a fourth quarter profit of $0.05 a share versus analysts' consensus of a loss of $0.16 a share. -- said the company's revenue recognition ''appears conservative'' and cost savings were substantial. -- said balance sheet is healthy with shareholder equity rising from a negative $6.0 million to a positive $61 million. -- boosted 1998 earnings estimate to a profit $0.09 from a loss $0.14.

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