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Technology Stocks : IFMX - Investment Discussion

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To: D Reinecke who wrote (12759)1/7/1999 8:39:00 AM
From: Ram Seetharaman  Read Replies (1) of 14631
 
It should. If you read 11-23-98 issue of the Fortune magazine page 313, there is an elegant table titled "Ten little guys they love" - which included ten small cap stocks chosen as top values by mutual fund managers in an informal FORTUNE poll. IFMX was one of them when it was at $ 5. In the same page on the last para, PBHG small cap value fund manager said something like "By March 1999 ..... we are going to have a small cap love fest".
For IFMX the love festival has began quite early and is reaching new heights with a trading volume of nearly 20 million yesterday! I wouldn't be surprised to see a $ 20 sometime in 1999! The mutual fund managers have vested interest in IFMX and they will drive its price up!

The ten stocks in the table are AFCX, AEIC, ALK, AJG, ASAI, CHRS, HP, IFMX, SUIT, RCOT. Happy trading!
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