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


To: RDH who wrote (11071)6/17/1998 6:12:00 PM
From: david wolf  Read Replies (1) | Respond to of 14631
 
ORCL beat estimates by $0.03, will have positive affect on IFMX shares in the morning.



To: RDH who wrote (11071)6/17/1998 7:45:00 PM
From: Austin  Read Replies (1) | Respond to of 14631
 
I agree with your statement. There will be a lot more database growth, including with Unix-based systems, especially in areas like data warehousing and e-commerce. This has been a down cycle, and I believe there will be significant growth and recovery in the near future.

"I think we may see analysts begin to realize that database growth is continuing, that we have only begun to enter the Information /Knowledge age, that commerce thru the internet has only begun and that databases will need to be there to store transactions and hold information for Knowledge Discovery."



To: RDH who wrote (11071)6/18/1998 9:42:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 14631
 
Thank you. The future will determine if I can manage the very short term swings on this stock. Still learning how to trade in this time frame. I will write more CALLs when the stock moves to 8 which would be the best place to enter this type of trade. I still think the stock can visit below 7 before this volatile period is finished.

The MM is having a field day on this stock. I sometimes see the stock moving up on sales attempting to test new prices in the direction the MM wants to move the stock. At first little interest in showed by the day trading public speculators that allow the MM to do this form of manipulation. But after periods of pegging the price at a value that initially attracts onsey and twosey lot trading (200, 300, and 500 share lots), the speculator is willing to step up and take a chance that the price will break through. It looks like the MM can rely on the greed of the public speculator. No surprise here. In about a day the price of the stock continues moving on its artificially induced trend.

Bob Graham