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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Rusty Johnson who wrote (14377)8/6/2000 6:32:46 PM
From: Qualified Opinion  Read Replies (1) | Respond to of 14631
 
This is my pick as another turnaround play !

Corporations are dynamic. Informix already replaced its CEO. As a previous follower of Ardent Software, I feel comfortable with their management taking over Informix. Can we call this a reverse takeover ? IMHO, Informix is focusing on a strong growth market. They will probably be spending around $ 170 million on Research and Development this year. They have thousands of customers, around a billion in revenue and $ 300 million in cash. They should be able to adapt to the circumstances.