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


To: Silicon Trader who wrote (11120)6/23/1998 3:16:00 PM
From: Kevin Stull  Read Replies (1) | Respond to of 14631
 
To all,

Has anyone noticed the unusually high (11,700+)open interest on the July 7.5 call? This is especially curious given that earnings coincide with the Aug option. Any thoughts on what this means?

At a recent meeting with analysts from an un-named brokerage house the CEO of Computer Associates was asked about his company's interest in acquiring IFMX. Wang of course sidestepped the question.

Would such a partnership even make sense? CA's interest in CSC was clear, they wanted CSC's service business and the contracts that went along with it. Such a deal would have added to earnings and provided much needed eps growth for CA. Can someone on this thread, who is knowledgeable of IFMX's business, build a rationale for a CA-IFMX partnership, because I can't. Thanks.

KS