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Technology Stocks : IFMX - Investment Discussion

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To: MJ who wrote (12038)10/8/1998 9:06:00 AM
From: AmericanDane  Read Replies (3) of 14631
 
On paper the Red Brick purchase looks like a no brainer. The price was just under 1x revenues, and for their $35m in paper IFMX is getting over $20m in cash.

The concern is how IFMX integrates and manages this concern given they have a lot on their plate as it is. Here I just have to believe BF sees a clear strategic fit that doesn't take require lots of product line tailoring, etc. Specifically, their parallel technology looks like a good complementary match.

Overall low risk, high reward potentially. I hope they have the management depth to execute. BF has a lot of experience in this area.
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