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

To: Gregg who wrote (9780)	3/3/1998 11:50:00 PM
From: Robert Graham	Read Replies (3) \| Respond to of 14631

I am always willing to spend time talking stock and options. I learn at the same time I contribute. I see from your URL that IFMX is advertised as a long shot play, but still this is advertisement. I am actually surprised that investment club sold at 4 3/4. The bounce in price was very predictable. But still they gave an upside price of over 7, which this stock has attained. Not bad. I think one of the tricks to reading open interest is to determine how much of it is resulting from hedging interests. I am still trying to figure out ways to do this, so my current approach is rather crude and I admit is prone to error. Bob Graham