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

To: Robert Graham who wrote (10716)	5/6/1998 12:19:00 PM
From: John Solder	Read Replies (1) \| Respond to of 14631

Bloomberg has an option (GIMB) which is a variation of GIM. GIM gives net money flow into or out of a particular stock. The GIMB is particularly interesting because it shows only block trades of greater than 10,000 shares but not including 1MM blocks. It is believed that this large block flow is "smart money" and there can be a direct correlation between large block buying and selling and price movements. I have also seen the "smart money" selling while the little guys are buying like crazy thus propping up the price. never the less it's a interesting thing to watch.

To: Robert Graham who wrote (10716)	5/8/1998 8:58:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 14631

Robert, I wanted to take this moment to congratulate you on what is appearing to be a successful May 10 Covered Call sale. If you remember, I stated my opinion on whether or not I would have sold the May 10's just prior to earnings release. My thoughts were that I would not have as I believed that IFMX would go above 11 and you would not have participated in the rally. Yes, I realize if IFMX did move above 11 you could have covered and rolled forward into June 12.5's or so on, BUT, none of this matters as you seem to be on the winning side as IFMX is trading downward from 10 and probably will not move above 10 before expiration!! So you pocket the premium and reduced your basis cost!! Congratulations!! I thought this was earned as I presented a contrary position at the time. I have not read all the recent posts, where do you think IFMX is going next 2-3 months? My thoughts (I have already been wrong ) is that it will go into trading range until Bob can demonstrate sustained growth rates and profitability. I am not negative on IFMX, just believe that it is now time for them to execute day in and day out. If anything, analysts now have more confidence in management and will expect more as time goes by. Happy Investing! MileHigh