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

To: MUL who wrote (10533)	4/30/1998 5:05:00 PM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 14631

I understand that Zacks had an estimate of (.03). However, after the blowout numbers in January, many investors were expecting a similar quarter this time, regardless of the Zacks estimate. Whisper numbers are always hard to determine but in this case my broker told me the street was expecting equal or slightly less from ifmx this quarter than last. Certainly they were expecting more than the Zacks estimate of (.03), which would have caused a decline in the stock price. The question is, is .03 within the range of their expectations. I would have said yes except for the license revenue which does not look good to me. I suspect many will sell into the rally tomorrow, if there is one. Michelle