IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Charles Hughes who wrote (12659)	1/6/1999 4:35:00 PM
From: Rusty Johnson	Read Replies (1) of 14631

CBS MarketWatch cbs.marketwatch.com Shares of Informix (IFMX) rose 1 5/16 to 12 1/2 after its presentation at an Arizona investment conference held by Morgan Stanley Dean Witter. See Thom Calandra's StockWatch. cbs.marketwatch.com -- Talk about a moonshot. Shares of Informix (IFMX), after a presentation at an Arizona investment conference held by Morgan Stanley Dean Witter, are soaring. The stock of the database maker sells for 12; the shares have doubled since late November. The California company's shares have overcome restatements of sales and earnings and heavy speculation by short-sellers. On Nov. 10, we reported the battered company's shares could benefit from several large database deals and products that center on Internet commerce. CEO Bob Finocchio gets credit for upcoming contracts with Baby Bell companies, one investment pro says. Now that IFMX is over 12 ... we should start popping up on stock screens like BigCharts largest increase in volume: bigcharts.com May the shorts ... eat our shorts. Best of luck.

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