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Technology Stocks : IVI Checkmate (CMIV)
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To: Bron-y-aur who wrote (2256)3/17/1999 1:54:00 PM
From: Sultan  Read Replies (1) of 3721
 
Ah yes. I remember TKX. IVI was around 11-12, when TKX tanked to around 2-3 dollar. To-day TKX is around 17 with a high of 23+ for the year and we have IVI/IVC around 5 bucks. All dollars are canadian. No question that IVI Checkmate is a cheap stock on any measure. Unfortunately, for small caps the market is now littered with fundamentally OK companies with cheap valuation.

IVI Checkmate has been a great trading stock. For buy and hold types, it has been one of the worst. So if you are going to be in it, you might want to trade.

One last note, the reason I will reduce is size of my position. Just too many eggs in this particular basket, turning me into a basket case.

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