Bill Wexler's Profits of DOOM Message Board

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

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To: chester lee who wrote (3851)	11/25/1998 9:59:00 PM
From: Bill Wexler	Read Replies (6) of 4634

<<With all due respect, is this an opinion or do you have something more to go on>> Yes I do. I've visited the company and talked to the employees. I've read the financials and gotten a sense of the "buzz" around the company. The shares are 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>> Good for you!! Keep accumulating it over time. The nice thing about CPU is it is now quietly "trading in the shadows" and many small investors are impatiently throwing it away so they can go gamble on internet stocks. <<In researching IFMX, I see no such buying (by insiders). All I saw was three mentions of selling.>> Don't pay any attention to this. Remember, there has just been a major housecleaning of top and middle management - so you can't make heads or tails out of insider trades, since many will be exercising options as they leave or as part of their severance. The IFMX story will not unfold over a few days or a few weeks. It will take time. Accumulate the stock. <<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).>> And that is why the stock is dirt cheap. No one wants it because they are too busy gambling on AMZN and KTEL for the big momentum moves. If everyone loved the stock now and there was talk about "watch for a 10 point gap TOMORROW!!!!!!!!!!!" I'd be selling, not buying. <<PS. I do NOT own COST chares. ;-(>> Why not? My long term price target is $200-250. I wouldn't be surprised to see it over $100 in 1999. I'm still buying at these levels and I'll continue to buy as it goes higher (assuming the story remains firmly on track).

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