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

To: Austin who wrote (11669)	8/17/1998 11:48:00 AM
From: treetopflier	Read Replies (1) \| Respond to of 14631

<For example, GE announced the other day that they are committed to implementing a mandatory extranet for their 40,000 suppliers.> GE uses Oracle in all the divisions I have worked with. Tough to make inroads there. I expect to see IFMX at $2.5-$3 by yearend.

To: Austin who wrote (11669)	8/17/1998 2:04:00 PM
From: RDH	Read Replies (2) \| Respond to of 14631

"If IFMX makes 0.20 a share this year, a miracle in other words, it will have a P/E of 28 at current prices. So, why does everyone here seem to think the market isn't giving this stock full credit?" The key is how much a share will IFMX make 2 years later. If it is around $1.00, which is possible, than there is nothing wrong with it having a P/E of 28 at the end of this year, in fact a P/E as high as 50 would be within reason. Using this as a basis, Informix could get back up to a price of $10.00 a share by the end of the year. - RDH.