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: Bill Wexler who wrote (4296)	1/29/1999 10:03:00 AM
From: Bob Trocchi	Read Replies (1) of 4634

Bill... Re: INFX FYI. Looks like a buy on the dip situation. From Briefing .com this a.m. Informix (IFMX 11 11/16 -1 5/8): well, we were right in advising not to look for much of a bullish reaction to IFMX's better than expected earnings given the runup in its price heading into the report... However, the sell-on-the-fact reaction took us a bit by surprise with the stock dropping 12.2% on 10.9 mln shares-- nearly twice its 10-day avg... Would let the dust settle before jumping back in, but dip creating (re)entry opportunity for growth-oriented investors as company had solid quarter and is showing improved earnings momentum. briefing.com

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