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To: rocki who wrote (829)6/11/1999 6:41:00 AM
From: salva  Read Replies (1) | Respond to of 1341
 
Morning rocki-you're up late-me early!

Y2K:

I think i intimated that IFM may not be too much impacted-yes if you read my 'colorado news post' a few SI posts ago -it says most 'north
american ' companies are Y2K ok--BUT i believe the overhang of
fear that 'some may not be ok' -even in north america will send mrkts into a frenzy--also there willbe more surprises from non north american countries that will impact on foreign mkts-and eventually
our mkts( knee jerk).

So while IFM may be OK-- others may not be. The freezing in the US banks -to me-is definitly taking the shine out of some internet
stocks, (+interest rate effect)

LACK OF NEWS:

Yes but we had a few announcments and the 'launch meetings' (that i attended) that had no effect on IFM.

What about the Monty $$$$ that is supposed to come into IFM?
IFM needs new optimism-I think they are holding back toconincide with the Q2 results-which i expect will be 'better than street expects'.

The e-route announcment made no effect on stock- hopefully the
BIG contract annoucment that is expected out at end of month (ruby info) will help- Know nothing on this last one.

HRBC was supposed to be a acquisition target of IFM-so with all the good news-and low stock price-it would be a bargin for IFM!

Rgds