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

To: R Stevens who wrote (10898)	5/21/1998 6:47:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 14631

Yes. I had hoped to cover near 6. IMO there may be near term opportunity for this. If I find that selling has dried up for the time being, I will cover. In the current scenario,this would give me a quick approx. 1 point profit on over 1,000 shares of stock. Not bad for a couple day walk "under an umbrella" that was designed with the primary intent of saftey. IMO there will be selling of this stock in the future. I do not think we have seen much selling from the preferred share holder yet. But the converted common may be sold as soon as the stock reaches above 8. We shall see. Volume needs to increase first along with the stock holding firm. Volume from selling is not the liquidity the large converted common shareholder is looking for. Bob Graham