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


To: John Solder who wrote (11823)9/3/1998 3:32:00 PM
From: Dave Wulkan  Read Replies (1) | Respond to of 14631
 
John,

The immediate threat to the world's economies is Russia. The IMF is probably more at fault for squandering all those billions that are now in private bank accounts outside the country for not demanding more accountability. But the situation looks to me that if they go back to a communist government and the likelyhood of a resumption of the cold war, then goodbye peace dividend, goodbye balanced budget,goodbye bull market. It could be years before we'd see the DOW as high as it is right now! In that environment I think Informix will get lost in the shuffle and any improvement in earnings would get overshadowed by the traumatic losses on wall street.

Speaking of earnings, it's now September shouldn't the rumors start about now.

dave