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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: American Spirit who wrote (35455)9/19/2000 6:07:16 PM
From: HandsOn  Respond to of 57584
 
I bought WCOM too early at 32 1/2, take a look at FTHL.



To: American Spirit who wrote (35455)9/19/2000 6:12:57 PM
From: HandsOn  Respond to of 57584
 
I bought WCOM too early at 32 1/2, take a look at FTHL.



To: American Spirit who wrote (35455)9/19/2000 6:45:37 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Spirit, just don't forget that high growth tech stocks are even safer than value plays certain times of the year. The market will not wait for every beaten down stock to get on board before pulling away. . .no matter how good they are.

Rande Is



To: American Spirit who wrote (35455)9/19/2000 8:06:19 PM
From: shasta23  Respond to of 57584
 
American Spirit!

HEre is why IFMX went down:

Tuesday September 19, 6:09 pm Eastern Time
Informix revises revenue outlook, sees Q3 loss
WESTBORO, Mass., Sept 19 (Reuters) - Database software maker Informix Corp. (NasdaqNM:IFMX - news) on Tuesday revised its revenue outlook, cutting third-quarter earnings targets, and said it would establish two operating companies as part of a reorganization.

The company said it reevaluated its business model and said it now expects a quarterly revenue run rate in the range of $200 million to $215 million. Informix's newly defined units for database and solutions businesses should account for 85 percent and 15 percent of revenues respectively.

Based on that outlook, Informix expects to post a third-quarter loss in the range of 5 cents to 8 cents per share. That is below analysts' consensus estimate of a profit of 2 cents per share, according to tracking firm First Call/Thomson Financial.

Informix said it should post break-even results in the fourth quarter leading to profits in the first quarter of 2001. Wall Street expected a fourth-quarter profit of 6 cents per share and a profit of 5 cents per share in the first quarter.

Additional transition charges through the first half of 2001 should total from $15 million to $20 million, which is higher than the $10 million to $15 million range for charges projected by the company in August.

Stefan