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


To: Gregg who wrote (9624)2/20/1998 5:37:00 PM
From: Wuihan Cheah  Respond to of 14631
 
LOS ANGELES, Feb. 20 (BS Wire) - Smith, Barney, & StrumGeschutz, Inc., raised its rating on
shares of Informix Corp to strong buy from strong sell after the company reported a fourth quarter
profit of $0.05 a share versus's 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.

-- StrumGeschutz boosted 1998 earnings estimate to a profit $80.00 from a loss $0.14.



To: Gregg who wrote (9624)2/20/1998 8:17:00 PM
From: bob zagorin  Respond to of 14631
 
Gregg, I am long on IFMX so we're on the same side but your hostility is not welcome as far as I'm concerned. I much prefer the logical debate we had before.