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

To: Mark Finger who wrote (10618)	5/1/1998 2:25:00 PM
From: mp	Respond to of 14631

I bought some today. I think apart from the second profitable quarter in a row, technically the price just crossed the 50- and 200-day averages, which is a very bullish indicator for the stock in the coming months. Per Michael Murphy's latest issue of CTSL, he was expecting INFX to turn out a profit despite the Zacks' negative expectations. He turned out to be right. He is recommending a buy of the stock here with a one-year target of $28! I am hoping for a move to at least 15 in the next 3 months. Let us wait and see.