IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: view who wrote (12319)	11/10/1998 8:54:00 PM
From: Ron	Read Replies (1) of 14631

Excerpt from CBS Marketwatch this afternoon: Informix buzz: Hey, when you have a bunch of analysts in town, ride their coattails, right? After Oracle CEO Larry Ellison takes the stage at Oracle OpenWorld in San Francisco Tuesday, he'll brief Wall Street analysts at the database company's headquarters in Redwood Shores, Calif. Leave it to little-guy Informix Corp. (IFMX) to grab the Wall Street crowd the next day, right at San Francisco International Airport just before the analysts head back to work. Early word is that Informix will unveil several large database deals and products that center on Internet commerce. Informix stock, at 6 1/2 or so, could pop to 8 1/2 if Informix CEO Bob Finocchio gets specific about new contracts with Baby Bell companies, one investment pro says. Informix reported a third-quarter profit of $18.4 million vs. a $110.5 million loss in the same time period a year ago

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