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

To: Robert Graham who wrote (11938)	9/21/1998 3:56:00 PM
From: P.E. Allen	Read Replies (1) \| Respond to of 14631

I see the resistances at $5.12. This is the key IMH&EO. Watch very closely, having trouble getting above $5.09 Will probabley test this level twice today and should hold above $5.00.

To: Robert Graham who wrote (11938)	9/21/1998 5:18:00 PM
From: Sonny	Read Replies (2) \| Respond to of 14631

A slight hint from IFMX management that this quarter is going to be better than they thought, and a subsequent observation from a brokerage that "Yes, this is their 4th positive, better than expected quarter IN A ROW" ... will make this issue start shooting skywards. In that case, all our TA calculations and their resultant conclusions, are put to solid rest in an instant by MMs, when they raise the Ask substantially right away on NASDAQ. (Potential of this reverse-armageddon kinda event for IFMX-longs {or a -ve armageddon event for IFMX-shorts :-) } is certainly there ... the likelyhood has recently increased due to the db sector returning in a slight-favorable position than before due to ORCL better than expected earnings). Probability of better than expected earnings announcement is at least 75%. Also, Relative Strength has increased quite a bit in the last few days. The armageddon event will raise the Ask to 7.5-8 range right away, and then the +ve street psychology will take over and pump some more hydrogen, to let IFMX easily float-up to 10 range. All imho.). regards to all, -/Sonny.