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

To: Lou who wrote (9944)	3/13/1998 12:37:00 PM
From: Mark Ericson	Read Replies (2) \| Respond to of 14631

A price target of $12, when??????? Lou, do you have any idea when Oppenheimer predicts IFMX will reach this $12 per share target?

To: Lou who wrote (9944)	3/16/1998 4:15:00 PM
From: Marq Spencer	Read Replies (1) \| Respond to of 14631

NEW YORK, March 13 (Reuters) - CIBC Oppenheimer raised its rating on shares of Informix Corp to buy from hold with a $12 per share price target, a market source said on Friday. If this were likely in the next six to eight months, one should buy a bunch of IFMX Jan99 $10 calls (VIFAB). They're trading for 1.75, and if IFMX hits 12 before Nov 98, they will easily be going for greater than $4. That would be over 100% gains, even after accounting for commissions. Anyone for it? - Brian.