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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (3829)11/25/1998 8:55:00 PM
From: chester lee  Read Replies (3) of 4634
 
Bill,

re: IFMX, <<I think the stock is becoming grossly undervalued. >>

With all due respect, is this an opinion or do you have something more to go on. I own a few shares of CPU based on your table pounding, and while I can't predict CPU's future, I am comforted by the recent buying of insiders. I'm also comforted by my ability to walk into a CPU store and see for myself store traffic and product displays. I was at Tanforan yesterday and had to check out the CPU store.

In researching IFMX, I see no such buying (by insiders). All I saw was three mentions of selling. Without the ability to touch products or talk to employees, all I have to go on is what's discussed on message boards and the standard public information stuff, none of which is pointing to IFMX as a buy (speculative or table pounding).

BTW, the employees at the tire center at the COST at Tanforan is one of the friendliest and most knowledgable. I was there several weeks ago getting my tire repaired and overheard two employees talking about store sales and such, and this was in the tire center. I would bore this thread if I went into detail with what I heard, but if you are interested, just send me a PM and I'll respond. You'd probably be amazed and amused.

PS. I do NOT own COST chares. ;-(

chester
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