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Technology Stocks : Inference Corporation--Growing 100% and still inexpensive
INFR 31.99-0.1%Jan 27 4:00 PM EST

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To: 45bday who wrote (1069)12/11/1998 9:48:00 PM
From: BYRON S DOHERTY  Read Replies (1) of 1246
 
The problem here is I dont think that the "internet play" is going to have much impact on INFR. Even with these meetings with the financial people on the east coast, INFR is going to have to show several quarters of good news in the earnings department before financial institutions get their interests back again. I feel that the upward pressure on INFR both in volume and price is not fundamentals but strictly speculative only. I hope not, I just bought another 4k. But if you look at the 3x normal volume levels we have been having and look at the specefics, there are not that many people buying INFR. Only 140+ trades took place Thursday.I think INFR has great potential long term and will be in the teens in a year or so, hopefully sooner.
Short term I think the stock is going nowhere, except on those days INFR is purchasing back stock.
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