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Technology Stocks : IFMX - Investment Discussion

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To: bob zagorin who wrote (12968)2/7/1999 9:54:00 AM
From: John Dunigan  Read Replies (1) of 14631
 
Don't be too quick to write this off. Just as in politics using the word "never" usually comes to haunt you.
What was IFMX a year ago? It had an "e" on its ticker, no creditability or favorable analyst ratings, no profits and no big customer wins e.g. SBC, IRS and two earnings restatements .
So maybe now this might make sense. If my memory serves no one here has ever said that IFMX technology (plus RDBK)was bad, just that the company was managed by snake oil sellers.
Besides I took my position when this company was in the tank so $28 to me sounds like a golden egg. At worst it may be a good bounce for the week.
John
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