To: tuck who wrote (11164 ) 7/6/1999 11:30:00 AM From: Herm Respond to of 14162
That's fine to go with your comfort level Tuck. After all, you are the one that has to live with the consequences of your decisions. :-)HEADS UP - IMFX I have been hanging on to this undervalued puppy for a few months now. I'm not getting rich with it (up +33%). But, I am well into the black at current price level. So, CC premies is fine with me and being called out at $10 will be a nice exit for me. Here is another tip why you might want to consider IFMX. You see, the RUSSELL 2000 INDEX is tweaked with the new companies. That may very well include IFMX. So, the funds will buy into IFMX. HINT!Hey Russell: Dozens of small-cap stocks, some of them in a June slumber, are getting fresh life this week. The recasting of the Russell 2000 Index ($RUT: news, msgs) of small stocks might be pushing investors and fund managers toward stocks such as Informix (IFMX: news, msgs), which rose 18 percent Wednesday to a market cap of $1.63 billion. (Call options contracts for database software maker Informix also were active Wednesday.) Frank Russell Co. of Tacoma, Wash., which administers the index, won't issue a final list of the rejiggered index until July 8. Russell 2000 '98 median: $500 mill. '97 median: $395 mill. '96 median: $352 mill. The top market cap for the index likely will fall between $1.3 billion and $1.5 billion. Fund managers are jockeying for position, trying to anticipate the final list that comes out next week. The new Russell 2000, which actually takes effect Thursday, will reflect some Internet stocks -- such as thestreet.com (TSCM: news, msgs) with a market cap of $850 million -- that went public during the past 12 months. What's known is this: the median market capitalization for stocks in the Russell 2000 Index has risen steadily this decade. The Russell 2000 gets a makeover once a year, Frank Russell Co. says. So do the company's two other U.S. indexes, the Russell 1000 Index of large-cap stocks and the Russell 3000 Index that represents the first two indexes. It's all to"accurately rank the 3,000 largest companies in the U.S. stock market by market capitalization," the company says.