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


To: Phuoc Le who wrote (9796)3/4/1998 3:39:00 PM
From: James A. Shankland  Read Replies (2) | Respond to of 14631
 
Aahh... Thanks for the clarification. I didn't know [Bob Graham] was [talking out of both sides of his mouth].

I'm sure Bob didn't know it either.

Bob made a reasonably cogent case that, due to option pressures, IFMX may drift a bit lower in the near term. You don't have to agree with him -- in this business, the only way to find out the future for sure is to live it -- but personally, I'd welcome a reasoned rebuttal more than unsupported accusations that Bob is trying to manipulate IFMX's stock price.

I've never understood the attitude by some here that any sound other than the most optimistic noises is an unwelcome distraction. We're supposed to be investors here, folks, not cheerleaders; we need to consider the strongest possible arguments for all predictions, and then make up our own minds which one we find most plausible.

(I'm with Bob, short term: I don't think IFMX will go much over 7.5 until good news starts to leak out about how the current quarter went, if then. Longer term, I'm cautiously confident.)