IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Vish Vishwanath who wrote (11840)	9/8/1998 10:38:00 AM
From: Robert Graham	Read Replies (1) of 14631

There appears to be some light large block accumulation of the stock. Nothing that noteworthy, but an apparent change from what I have seen in the past. No one yet willing to step up and purchase this stock. For each set of transactions that move the price up, a larger transaction comes along that moves the price back down to 4 1/4. There was no rush of buy (or sell) orders at open of any significance to take advantage of these "bargain basement" prices on a day the market has moved up 300 points. I do believe that what little effect we saw the market have on this stock when both were dumping may have ended. Percentage wise we see a 5% increase in the price of this stock today which is a whole 1/4 of a point. Bob Graham

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