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


To: Robert Graham who wrote (9661)2/21/1998 10:25:00 PM
From: bob zagorin  Respond to of 14631
 
what are the most likely software applications that can be tailored to work with IFMX database engine for basic solutions?

Is their any relevance here to the Virtual Private Networks (VPN) that Shiva and Bay are developing?



To: Robert Graham who wrote (9661)2/22/1998 2:01:00 AM
From: Phuoc Le  Respond to of 14631
 
Generally Accepted Accounting Principles (GAAP) does provide latitude to corporations in preparing their books. Even minor differences in the way they keep the books can affect the bottom line significantly. Like another poster have said (investorgal I believe), I would also like to see the full 10-Q before I make any judgement about their latest earnings report.

It's great to see IFMX turning around, but it will definitely take time. I'm always a little uneasy with any company, not just IFMX, that might use "additional book work" to enhance earnings, even though many companies do and it's perfectly legal. I would really like for all companies to be as conservative in their book work as possible, but that's really just dreaming.

But in the mean time I will be happy that IFMX reported a profit since I was able to make money from that. I will be threading lightly until the full 10-Q comes out.