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

To: Winegrower who wrote (12175)10/23/1998 1:09:00 AM
From: Bogeey  Respond to of 14631
 
cbs.marketwatch.com

Comments anyone??



To: Winegrower who wrote (12175)10/23/1998 8:14:00 AM
From: Sycamore  Read Replies (1) | Respond to of 14631
 
John,

You could be right but don't think so. 50,000 contracts multiplied by what $1.50 or $2.00 each. That's very insignificant for a stock that sometimes trades as high as 20 million shares a day.

If we get an upgrade soon which I think is overdue after a very good earning report, we may see the stock around $7.00 sometime next week, especially if the general markets rally resume. It appears that big money is coming back in a hurry.

sycamore


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