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

To: Verssen who wrote (11931)	9/20/1998 1:30:00 PM
From: puborectalis	Respond to of 14631

Predict very good results this quarter with Shorts running to cover driving the stock up to the $7-8 level.

To: Verssen who wrote (11931)	9/20/1998 6:21:00 PM
From: Robert Graham	Read Replies (1) \| Respond to of 14631

You are saying that since this would be the fourth in a row earnings surprise, then for some arbitrary reason now would be the time the negative sentiment would disappear? Is the fourth time "charmed"? ;) I can understand your frustration with people like me who appear to be part of this "negative" crowd. But until the stock trades differently, the negative sentiment is in control of the stock. This is more of an objective observation on my part. And I am extending this objective present day observation into the future until I see that this pattern has changed. I do not understand the latter part of your post. This company is a turnaround candidate that had disappointed in a big way both with old and new management through the second restatement. Once negative sentiment captures a stock, it refuses to let go. I have seen this happen with many stocks I have tracked in the past. It is the way of the stock market. You are witnessing it first hand. Confidence in this company is just not there. Look how PHYC has been trading for the past several quarters aas another example. I am not shorting, but selling my long position at prices from 5 to 6. Inside of the year I have held onto this stock, instead of losing another 50% in value, I could of made possibly 50% or more with my money trading options of other stocks. And this is during a time when many IFMX followers thought the stock would be going up "any time now". I do not blame them for feeling that way. I would to considering how much some lost on this stock, including myself. But I cannot wait around when I can be making money elsewhere and the risk is not any less significant than it has been in the past. But who knows? This time may be different. Right? I hope so for the rest who will maintain a long position in this stock. I may be wrong. It will not be the first or last time for that to happen to me! Bob Graham