IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Mark Finger who wrote (9544)	2/18/1998 1:36:00 PM
From: Gregg	Read Replies (2) of 14631

Mark, just on the buyout rumor alone the stock should be trading at $15.00 - As far as the price target goes that you put on IFMX, it's way out of line. The stock has already doubled. In a matter of weeks the stock went from $4.00 to $9.00. This is evidence that if the turn around continues with more contract announcements, the stock will double again. This could happen in a matter of weeks.. Your too conservative as far as I'm concerned. Here it is again. A re-post for all. Read..I don't care if you like this firm or not, he's the analysts' that studies companies for a living. - 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 aloss $0.14.

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