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


To: Tom Reck who wrote (10692)5/5/1998 9:15:00 AM
From: Lou  Respond to of 14631
 
Brief:"....Downside risk is limited".......[reposter]

Brief: As predicted on this page Friday, Informix (IFMX) wasn't able to sustain after hours momentum... Stock posted modest decline despite better than expected earnings report... Retreat due to tough competitive climate and company's history of earnings unpredictability... That said, report has eased market's worst fears... Consequently downside risk is relatively limited...