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

To: J Bertrand who wrote (9375)	2/12/1998 2:35:00 PM
From: Gregg	Read Replies (1) \| Respond to of 14631

Here we go ! GO IFMX ! LOS ANGELES, Feb. 12 (Reuters) - Hambrecht & Quist LLC raised its rating on shares of Informix Corp to buy from hold after the company reported a fourth quarter profit of $0.05 a share versus analysts' consensus of a loss of $0.16 a share. -- said the company's revenue recognition "appears conservative" and cost savings were substantial. -- said balance sheet is healthy with shareholder equity rising from a negative $6.0 million to a positive $61 million. -- boosted 1998 earnings estimate to a profit $0.09 from aloss $0.14. -- Informix shares were 1-1/2 at 8-7/8 by midday. REUTERS Rtr 13:02 02-12-98