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


To: The Gambler who wrote (12178)10/23/1998 11:10:00 AM
From: AmericanDane  Read Replies (3) | Respond to of 14631
 
Hey folks, I don't think we should sweat the fact that IFMX moved down a touch after earnings. My read is that the cat was out of the bag, and people knew the qtr was going to be good. The stock moved quite a bit in the period before the announcement, and after earnings we are just unwinding some profit taking. I still think we'll see some price upward movement over the next couple of months.

The important thing is the progress that was made. We are holding a stock that will deliver big digit returns from where we are now in the coming couple of years.