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


To: RDH who wrote (10120)3/31/1998 6:29:00 PM
From: Rusty Johnson  Read Replies (2) | Respond to of 14631
 
Good Volume.

Someone had a $2,620,550 income tax refund?

Larry Ellison knows a great stock when he sees one?

The word is out . . . Rusty Johnson is BULLISH on IFMX.

Thanks RDH.

quote.com

bigcharts.com

stockmaster.com



To: RDH who wrote (10120)3/31/1998 6:34:00 PM
From: bsl113  Respond to of 14631
 
<Anyone have any guesses about the three big trades imme>

I was wondering how the stock closed up so fast after being
down for most of the day... Maybe that's what pushed it.

Who would place those trades and Why? Almost impossible to find
the answer.

Bryan



To: RDH who wrote (10120)3/31/1998 7:58:00 PM
From: frank doolittle  Read Replies (1) | Respond to of 14631
 
I saw this same statement on the yahoo thread about 4:30pm. I went back and looked, I could not find 3 100,000 share trades nor did I see where the volume went up 300,000 shares after the close.



To: RDH who wrote (10120)3/31/1998 11:02:00 PM
From: Rich Nielsen  Read Replies (3) | Respond to of 14631
 
I think I know where the 3 - 100,000 trades came from. I played golf with Ken ?? (forgot his last name) on Sunday. He used to be a top executive at IFMX and was let go when the new management come in last year. He mentioned he had a hard decision to make. He had 300,000 options (at 7 1/2) that had to be exercised before Apr. 1. He couldn't decide if he should exercise and hold or just take his small profit (3/4 of a point).

It looks like he decided to exercise and hold! He commented that he thought that IFMX should run 1-2 points on its Apr. announcement and perhaps reach 15 or so by the end of the year.

Rich