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Technology Stocks : IFMX - Investment Discussion
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To: Rusty Johnson who wrote (11876)9/15/1998 8:23:00 AM
From: johnlea  Read Replies (2) of 14631
 
i wouldn't be surprised to see ifmx trade sideways, between 3.5 and 4.5 until earnings announcement. to move, to stocks need to convincingly beat the street 6 cents consensus AND show revenue growth. imho, ifmx has a good chance at beating the 6 cents, possibly hitting 8 cents or even better. the revenue growth is a crap shoot, but finnochio has given some indirect indication that this may be occurring (his recent interview).

btw, according to microsoft investor, one of the services i use, institutional positions in ifmx increased greater than 5% in august. i don't know how much greater than 5%, but this is a positive signal for the stock's future. . . not that it couldn't be offset by one of more negative signals.
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