IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: RDH who wrote (11846)	9/9/1998 12:11:00 PM
From: Sea Otter	Read Replies (1) of 14631

I use to do some VAR work with Informix, and was fond of it as a company. But I don't think it can recover from the criminal mismanagement it endured. IUS was the tip-off for me. IFMX told the world that it was "shipping", when those of us in the trenches knew this was a lie. And those lies, as we subsequently learned, were systematic through the firm. Lots of supporters got burnt. Current management is better, but still they are losing people. Most of my acquantences there have left, and those who remain are planning to jump. On the sales side I've heard real negative stuff. Apparently to run domestic sales they brought in some loser from 3Com named Wes Raffel, who alienated many of the best people. Caused lots of damage before getting canned. It's these kinds of mistakes IFMX can ill afford to make. On the technical side, their products are still good. The Java stuff they're doing is particularly impressive. But personally I doubt it will be enough to pull them out. Perhaps they should sell the firm, but who would want to buy them? Sea Otter

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