Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SMALL FRY who wrote (9154)	2/9/1998 4:11:00 AM
From: Javelyn Bjoli	Respond to of 14631

Murphy's original buy recommendation on IFMX was in his 12/6/96 (#377) newsletter, at a price of 23 3/4, with a 12-month price target of 40. The recommendation was made just a few days after the launch of Universal Server. Funny, he actually recommended taking only half a position until quarterly results came out, in case revenues were impacted by customers delaying purchase until Universal Server came out!

To: SMALL FRY who wrote (9154)	2/9/1998 10:34:00 AM
From: bob zagorin	Read Replies (1) \| Respond to of 14631

murphy first rec'd IFMX in late 96 when the price was in the low 20's. i remember him advocating 1/2 position at that level. he added to his position after financial reorg. and has 10k in his model pf at avg. cost about 9. fwiw.

To: SMALL FRY who wrote (9154)	2/9/1998 2:03:00 PM
From: uu	Respond to of 14631

Re: Murphy's recommendation of stocks In the past he heavily relied on the Psychic Friends Network, however over the past year the Psychic Friends Network lost its top notch psyihics to brokerage houses such as Goldman Sachs, Prudentials, Morgan Stanley, etc. where they now work as these firms' top notch stock analysts. Therefore this is the main reason for Murphy's picks not performing so well for the past year (because his friends at the Psychic Friends Network no longer can talk to him directly even if they wanted to due to their brokerage houses confidentiality rules!). And with Psychic Friends Network's announcement of last Friday that they are out of business for good, I ,for one, can not possibly ever trust anything Murphy recommends!! Regards, Addi Jamshidi