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Technology Stocks : IFMX - Investment Discussion
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To: Sydney who wrote (13065)3/25/1999 2:40:00 PM
From: Zoro  Read Replies (2) of 14631
 
No, I am not short. My comment that all data base companies have been hammered the last month is an observation that I believe is accurate. The battle between ORCL and IFMX for talent is monumental. I believe IFMX is undervalued. That's why I bought it before at 4. I had hoped it would continue to climb to the 20's, but it got beat up once it reached 14. I sold at 10 1/2 because I was afraid my entire profit would vanish, not because the company was going south, but because the market was (and has continued to) undervaluing it. I do still own ORCL because I believe it is the dominant player in the data base world, but must admit that I've held while watching a very big gain evaporate to a reasonable, but much smaller paper profit. I think there's plenty of room for both IFMX and ORCL to grow and prosper, but my personal view is that ORCL will remain dominant, unless MSFT surpasses it.
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