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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (8813)5/21/2001 6:52:17 PM
From: Jibacoa  Read Replies (1) | Respond to of 13094
 
JIM:

IFLO: As commented by Carole & you had a good % move of 28.57% today.

It was able to close above the February H and seems it may be able to test the September or maybe the August H of last year.

Although their latest Q revenues were 7% better, there was no improvement on net earnings.

Probably what is moving the stock is the news of their announcement last week of their contract with Galaxy Health, since the stock started the move the day of the news.<g>:

LAKE FOREST, Calif.--(BUSINESS WIRE)--May 17, 2001--I-Flow Corp. (Nasdaq:IFLO - news) today announced that its InfuSystem subsidiary has won a contract to provide infusion pump management services to the 3.5 million managed care members of Galaxy Health Network Inc.

Bernard