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


To: Tom Reck who wrote (11005)6/1/1998 1:53:00 PM
From: RDH  Read Replies (1) | Respond to of 14631
 
It is disheartening to see there is not much buying coming in to support this stock at this level -- especially with volume currently well below 1,000,000.

It seems especially odd, since it is almost a sure thing that this stock will start climbing up before earnings.

I hate to buy more (last time I bought was at a fraction above four -- and it is hard to justify buying more at 6 1/4 when I could have bought more at 4) but I don't know if I can resist -- perhaps the only way to resist is to keep repeating to myself the percentage of my equity that's in IFMX -- maybe that can keep me from buying at any price above 5.

Anyway, glad to know that Bob Graham is doing well from writing $5 calls. I had written some 7 1/2, but sort of looks dumb when I could have done so much better :).

- RDH.