Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Trader Harvey who wrote (11883)	9/16/1998 11:46:00 AM
From: Vish Vishwanath	Respond to of 14631

up by 11% on a day when the nasdaq is up only by 18 points. keep you fingers crossed and hope that it gets up and stays above 5 in the very near future.

To: Trader Harvey who wrote (11883)	9/16/1998 12:42:00 PM
From: johnlea	Respond to of 14631

<<Yet another bullish reason is that IFMX could be acquired--by IBM, Microsoft, CA, Compaq or a few others, especially if its technology continues to be well received and even if revenue growth is sluggish>> trader, while i agree with you on this, unless the buyer is willing to cough up $3 billion in the next year or so, i do not think a buyout would be in the best interest of ifmx stockholders. analysts are such short-sighted animals (to a degree that is their job). tech cycles ebb and flow. the db market over the last year or more has ebbed. it will 'flow' again. there just is to much info in the world that is still unmanaged or poorly managed. if ifmx management even comes close to financially managing the business, which i believe they will, profitability will continue to expand. if they can convincingly grow revenues, then lookout. . . the stock will move up aggressively. btw, looks like the money managers are moving in today. 2 million shares before 1pm. let's hope greenspan doesn't spoil the party.