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

To: Jeff Meredith who wrote (12156)	10/22/1998 7:48:00 PM
From: johnlea	Respond to of 14631

<<They were facing all the same issues at $7-8 a few months back too. IMO the situation has gotten better not worse since then.>> i agree with you jeff. as has always been the case, at any given time, stocks do not necessarily accurately reflect the current value or the future growth potential of the companies they represent. people pay premiums for stocks and get bargain basement deals on stocks. if you have a two-plus year window, ifmx sure looks like a bargain basement deal. i have invested in this company with the belief there is a possible 300% return ($20 price) by the end of 1999 and a greater than 50% chance of a 200% return ($15 price) in the same timeframe. to me, it's a no brainer. this company is back on track. its value will be recognized and the stock will reflect both its current value and its growth. if us longterm investors are lucky, the stock will become overvalued, and we'll get to sell to others who wish to pay a premium for the stock. jmo, and it's undoubtedly worth what all reading this have paid for it.