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


To: Doug who wrote (11769)8/28/1998 10:24:00 AM
From: RDH  Read Replies (3) | Respond to of 14631
 
Short interest can be found at:

viwes.com

It is around 19,000,000

Institutions owned less than 20% around March.

Insiders own very little of the stock.

Insiders activity can be found at:

biz.yahoo.com

One thing that does concern me is that no insiders seem to be buying.
Perhaps they think it is too risky. I am bullish on IFMX, but I know that this company isn't run the way Berkshire Hathaway is -- and so there will still be a lot of problems and issues in the futures that will cause a lots of ups and downs.

The one thing we have going for us, is the current lack of institutional interest. Not anything to be comforted by short term, by something that is a sign of potential for the future.

- RDH.