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


To: Mo Chips who wrote (9330)2/12/1998 7:00:00 AM
From: J Bertrand  Read Replies (2) | Respond to of 14631
 
Mo,Pierre,

We understand your cautious thoughts, but I don't think you understand
how spectacular this achievement is. Three months ago this stock was considered dead. They weren't going to survive. Larry said they couldn't possibly survive. Now they have smashed estimates by .21 cents. They weren't supposed to have a profit for another 2 quarters. They have a nice profit and a great start now. This will get a lot "potential" customers who were taking a wait and see attitude off the fense. This turnaround has happened so fast that I fully expect the company to continue to post profits. Momentum is going to build especially because they are so focused on the task. Remember, it was never a product problem. It was a marketing and financial problem.

I told you Informix would lead the database companies out of the funk. There is growth out there. There are new markets to attack.
Anyone who thinks that this stock is retracking back to the 6-7 range
is crazy. This is a bonfide turnaround. This stock should NOT be trading at 7 PERIOD.

This stock will begin to trade between 9-12. WHEN they produce additional profitable quarters, we will see it climb back to the
mid teens. And, if the markets are really growing at 25%, don't be surprised to see it in the 20's in 4 quarters. Don't forget that the database industry is capable of making a lot of money. Remember, they were among the easiest bets for years because they did make so much money.

Finally, do we have the right to be this exuberant. You bet we do! Nobody can take that away from us. We have been through a very painful period with Informix. We stuck it out. We have the right to celebrate and expect great things from this stock. The facts are on our side.

To our bulls, you keep celebrating. You earned it! This is real!!

Jeff Bertrand



To: Mo Chips who wrote (9330)2/12/1998 9:40:00 AM
From: chirodoc  Read Replies (2) | Respond to of 14631
 
<<<< We'll see some high volitility as the traders play around with it, and in my opinion, probably settle in around 9-10 in a few weeks.

...what is your 1-2 year price target?



To: Mo Chips who wrote (9330)2/12/1998 12:08:00 PM
From: Peter Piper  Read Replies (1) | Respond to of 14631
 
Alright who's dumb enough to sell at below $9 ?
It opened up above 9. Panic buyers who just had to buy bought above 9.
But the real big buyers are waiting below 9. If sellers stop panicking and hold out above 9, the buyers will come around. It's a waiting game. Some folks just can't hold it above 9 dumbell pounds.

By the way, everybody's doing a great job on this site. I've been following it for about 2 months. I just wish I could contribute more, but my style is to check the pipes underground and it usually takes time for me to come up with meaningful stuff.

Peter Piper (your electronic plumber)