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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (18182)	1/4/2000 6:33:00 PM
From: Ken W	Respond to of 29382

Steve: IFLO had support just above the 3 5/8 spot. Whew! I don't think there will be a problem with earnings, just the stock holders. LOL Seems that if we don't get instant gratification then we let go of the stock. I felt the same way with GTNR a year ago Nov. when it went below 4 (I bought at 4 1/4) I dumped it and cussed the heck out of the co. Bryan was not happy with some of my phone calls (IR) I bought back at 5 and was rewarded with the present gains (long) as well as several trades along the way. IFLO will be okay, just reallllllllll slow. Ken

To: Steve Felix who wrote (18182)	1/4/2000 8:43:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Ken and Steve....When you stop and look, IFLO hasn't moved much, up or down in the last few months. It hasn't been a volatile stock at all. Swings in the stock have been created by institutional buying vs. small investor sentiment. A stock with a lack of volatility in today's market doesn't hold small investor's attention for very long. Oberweiss and Navallier have initiated positions in IFLO over the two previous quarters and there was additional institutional buying in the just completed quarter. For those not familiar with Oberweiss and Navallier, both are well respected fund managers with excellent track records. It is rare for a stock this small to have analyst coverage. Additionally, IFLO has retained analyst coverage from Wedbush even though the original analyst providing research on IFLO left the firm. I could go on and on as to the reasons why I have decided to stick around and wait for IFLO to develop, but it would all be repetitious, as I've posted my reasons previously here as well as on the IFLO thread. In conclusion, let me add that IFLO can be played as a momemtum stock. Simply wait to it breaks over 5 before jumping in. If it never breaks 5, don't buy it. For those that have bought in and are patient, there's a 25% bonus if the stock crashes resistance, and not too much of a penalty if it doesn't. Sergio