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

To: David Wang who wrote (10600)	5/1/1998 12:43:00 AM
From: Rusty Johnson	Respond to of 14631

I saw a sample (May) issue of The Option Advisor . . . "INFORMIX - TECHNICAL/FUNDAMENTAL: Things are coming up roses for IFMX ...the stock has finally hurdled this trendline as it reversed from a decline that began in February 1996 ... Despite this strong technical breakout, sentiment remains skeptical ... Any further upgrades could positively affect the stock's near-term price action, furthering IFMX's upside turnaround." Bernie recommends LEAPS January 1999 10 Calls (VIFAB) I don't think Bernie Schaeffer's track record is very good. But obviously you can expect more attention and upgrades now that the stock has appreciated more than 150% in the last four months. The stock will not appreciate 150% in the next four months so I understand the temptation to sell if it hits 11 or 12 in the near term. There will no doubt be reentry points. I'm in for the long haul. Two years from now 12 will look cheap IMO. Best of luck to all . . .