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Technology Stocks : IFMX - Investment Discussion

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To: Mark Duper who wrote (13124)4/7/1999 6:08:00 PM
From: BelowTheCrowd  Read Replies (1) of 14631
 
I'm in agreement, to some extent.

ORCL, PSFT and SAP are screwing the entire software sector for good and bad, but probably only temporarily.

IFMX has been hit to some degree, but to a very large extent it exists in its own little world while the street tries to decide if last quarter's news was a fluke or a real recovery.

Positive earnings and a good CC could provide a lot of ammo to those people who are looking for a turnaround. IFMX is trading at a slight discount to ORCL's multiple and ORCL is in the toilet. If they can show that top line growth is BETTER, then the stock will do nicely.

mg
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