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

To: Tom Lee who wrote (12243)	10/30/1998 5:56:00 PM
From: Sycamore	Read Replies (2) \| Respond to of 14631

Hey Tom, Sorry if you're not short the stock though you came across to be that way to me. You seem to know exactly what is about to happen to IFMX. You're not the guy who have written all these straddles don't you? With the craziest market that we have, what made you so sure??? Look at CIEN, it was trading at around $8.00 just a few weeks ago, look at it now. Ooooops, $17 3/16! Not bad, that's more than 100% in less than a month. Based on what??? Listen, what most of these beaten down stocks need is just one motivated fund manager with a lot of cash and it will happen. Anyway, January is end of the year now??? WOW! Thought January is next year. Hey, those are the targets I set for myself, $10-12 on the upside or $3.75 on the downside. If neither happens, so what? Finally, to answer your question, the first time I bought and sold the stock was in 92-93. Many of the database experts\friends in our Technology Department were using it at the time. Many of them still do. How about you genius? sycamore