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Technology Stocks : IFMX - Investment Discussion

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To: accountant who wrote (11768)8/28/1998 7:30:00 PM
From: Rob Cook  Read Replies (1) of 14631
 
Yeah - I've been super busy at a new startup. I got completely out of informix awhile back after making some nice short money, and then picking up some shares during the last bottom rubbing and selling on the way back down from the last burble up. I also had a few surprise shares lying around from my Illustra options that I unloaded at seven something, those being the last shares of informix I owned, or will own, for the foreseeable future.

The current price is not a surprise - I sent a post a ways back that short was the way to go for the near-mid term barring an announcement of something major end of q1/q2 period. No such announcement meant stock doldrums.

As I've said in the past, i think infmx will provide an OK return long term, save them shooting themselves in the foot, but there are much better places to make money in the market. I continue to feel, as I have for several years, that the DB market in general is long past the stellar stories stage, and that informix, sybase, et al will amble along for a long time, but will probably never reach the peaks of growth/success/return/etc. of the past. The DB market of the (near) future belongs to microsoft, ibm/oracle, and has beens, in that order.

Rambling along...
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