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


To: Robert Graham who wrote (10811)5/17/1998 2:05:00 AM
From: puborectalis  Read Replies (1) | Respond to of 14631
 
Bought a few shares yesterday at the close after selling near ten...still holding some in the low twenties.I really think this stock is very cheap considering where its been,current and future earnings potential. After all ,new management under Finocchio has in all honesty done quite a job so far!.



To: Robert Graham who wrote (10811)5/17/1998 2:31:00 AM
From: Charles Hughes  Read Replies (1) | Respond to of 14631
 
>>Now, am I the only one that is concerned about this potential for the stock to decline?<<

No. I noted a month ago I was out until after earnings (out around 9+) and I still don't want back in. I want the preferred effect to have time to surface, and I think that IBM and Microsoft coming into this market is having an effect on institutions as well. Also, some of the things noted by investorgal, michelle, and melissa have been bothering me too.

Now given the last 2 quarters and your scenario that the price could hit 6 again, which I think is probably right, I see a buying opportunity coming up. But Not above 8, for sure. I could miss this chance to get in this way, but I'm too paranoid.

Anybody know the latest short figures? Are they jumping on this preferred/dilution thing hard? that would be the only bright technical feature in sight, if true, but a big one.