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

To: syborg who wrote (11812)	9/2/1998 12:10:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 14631

I am sure many are thinking this way. That is why I will not wait for the resistance at 5 to sell. IFMX rejected prices below 4 which is a good sign, at least for the short term. Now we will see what happens next. If the price revisits below 4 anytime soon, or does not come close to 5, then I think we will see 3 1/2 and possibly even lower. As far as this stock gaining 17% today as stated in another post, think of this: if IFMX started at zero, it would be considered an infinite move to go from nothing to something. We need to keep the percent changes in price in perspective with this low priced stock. Bob Graham