IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Dave Wulkan who wrote (11785)	8/31/1998 2:35:00 PM
From: RDH	Read Replies (2) of 14631

It does not suprise me that SCHWAB is doing this. It seems that many of the big firms including Fidelity, do not give much maginability allowance for IFMX. Even though Fidelity uses Informix for the Operational and data warehousing needs, they have only required at least 70% cash for the house margin requirement. Granted that this doesn't mean much at the current price, but it seems there is a great deal of bearishness towards the stock. Anyway, I think that if it closes at below $4 today (which looks possible right now) than it could drop fairly fast, giving even the most bearish of us here a good reason to buy some more. Anyone care to guess at how low it can go if it breaks $4? - RDH. p.s. I think the behavior of IFMX stock over the last two weeks, shows that it is not totally independent of being influenced by general market activity. I think if the market had been neutral we would have seen IFMX come back up to 4 1/8 or higher. We may not see any IFMX recovery until we see a market recovery. - RDH.

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