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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (23850)9/28/1999 5:48:00 PM
From: Hardline  Read Replies (1) | Respond to of 34820
 
IFLO maybe a very good stock but let's make sure the facts are clear.

First, 64M market cap is not small cap, it is micro cap. Most people would consider it ultra micro cap.

Second, I could find no reference IFLO in the Oberweis July report. There was a company with a ticker symbol IFCI but not IFLO.

Third, as you stated Bridgeway's investment in IFLO is only 45k. Hardly seems worth the effort. No mutual fund will be able to invest more that 320k until at its current market cap. That will not make much of a dent in a normal mutual funds holdings.

Fourth, someone else stated the IFLO will beat analysis estimates but only 1 analyst follows this stock. Which is a lot for market cap of 64m.

Hardline