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

To: Jay Ver Hoef who wrote (12211)	10/27/1998 12:41:00 PM
From: bob zagorin	Respond to of 14631

cogent analysis. thanks.

To: Jay Ver Hoef who wrote (12211)	10/27/1998 1:02:00 PM
From: Ron	Respond to of 14631

I trade both SEBL and IFMX. Looks to me like SEBL/IFMX alliance is a good one. Take a look at SEBL customer, revenue and earnings growth worldwide.

To: Jay Ver Hoef who wrote (12211)	10/27/1998 1:06:00 PM
From: johnlea	Read Replies (1) \| Respond to of 14631

in the very short term, price action isn't looking very positive. in the past few days, imfx has not joined in the continued upward market momentum, showing very strong upward resistance in the low $5s. if the market corrects a bit, which would seem more probable then not considering the russell 2000 has moved 20%+ since its 310 low, i'm not sure ifmx will be able to resist the downward pressure. from a ta standpoint, $4.50 is a significant downward resistance level. for those who believe in this company's future, if it stays above this level before the analyst meeting coming up in early november, buying before the analyst meeting may be a short term profit opportunity.