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


To: view who wrote (11827)9/11/1998 12:54:00 PM
From: treetopflier  Read Replies (3) | Respond to of 14631
 
View,

Since my first posting re: IFMX in June it has declined in value 50%.

IFMX is struggling to maintain profitability in the face of growing price pressure, declining market share and ever increasing salaries.

What makes you so enthusiastic about a stock that may generate stable, but slim profits, pays no dividends, is no longer considered a growth stock and is an unlikely takeover candidate?

Combine this with the exodus of top talent from sales, product development and consulting as these folks are lured away by other high flyers and you have the makings of a continued slow decline.

Remember that 4 months ago we were debating whether IFMX would go to $7 or $9. Here we are at $4.

ttf