IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Marq Spencer who wrote (12381)	11/24/1998 4:02:00 PM
From: johnlea	Read Replies (3) of 14631

<<At today's prices, you can get IFMX for 4.92 (2 7/8 * (1/0.6)). Not bad, if you think that the acquisition is going to go through and you want to own more shares of IFMX.>> the way this stock is performing, if the market turns down (which it has to do sometime) ifmx may just get below the 4.92 price you mention. 5 1/2 is a key resistance level. if it breaks this, i'm afraid we are in for some more downward movement at least to 5.00. a year to a year and a half from now, we'll remembering when this stock was so cheap, but until that time, looks like ifmx is going to languish for quite awhile.

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