IFMX - Investment Discussion Message Board

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Technology Stocks : IFMX - Investment Discussion

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To: Sydney who wrote (13105)	4/1/1999 11:18:00 AM
From: Mark Ericson	Read Replies (3) of 14631

Yesterday's Trading......................... Sydney; I agree with what your basic conclusions, but my analysis shows that somebody dumped nearly 1.5 million shares. The volume was about 2 million above the average, about 1.5 mil additional sales and about a .5 mil additional buys. You would have had to watch the tape as I did to really see it unfold. Probably a fund manager that had already decided to clear out of IFMX this quarter and put it into AMZN, AOL, or one of the other more aggressive short term stocks. Since IFMX was going up, he waited until noon on the last day of the quarter to dump. The sale blocks were in the 150k to 500k range. I really don't think it means a whole heck of a lot in the long term future of IFMX.

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