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


To: Lizzie Tudor who wrote (10516)4/30/1998 4:47:00 PM
From: Robert Graham  Read Replies (2) | Respond to of 14631
 
Nervous short term traders taking a small profit. This IMO helps reveal the type of sentiment the speculators have over this company: they see possibilities, but they are nervous enough not to continue to commit funds when there is any profits that can be had. Considering where Informix has come from, I think this is a good sign. Now I am waiting for the larger investor including the funds to start recognizing this business again , but Informix is still a distance from being able to deliver the evidence that would help positive sentiment with this group.

I still managed to squeeze in a write of MAY 10 CALLs for 7/8 before the ask dropped further on the option. Unfortunately I missed out on the ask price of 1 earlier today. I checked the price of the option too late.

Bob Graham