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

To: Robert Graham who wrote (9775)	3/3/1998 8:04:00 PM
From: Gregg	Read Replies (2) \| Respond to of 14631

Robert, where did you get your thoughts on the options ? I do not see the stock falling much more. Figure it this way, the people that bought in at $4.00 had a nice profit at $9.00, now the stock is almost nipping the $7 dollar mark. This leaves 3 points in the stock for profit. Now, think about this, what about the people that bought the stock at $9 ? If they liked it at $9, they must figure it's a bargin at $7. With the good news that appears to be flowing out from the company, it does seem like the company is trying to support the price of the stock. I wouldn't want to be out of the stock at this point in time. I think now is the time to be buying it. I think the price drop is defined with 2 words, " Profit Taking " I do see a bright future for Informix. I see the news, I know the industry, I see a full swing turnaround play with this stock. I think it's a bargin ! Good Luck Everyone.