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

To: Tom Lee who wrote (12246)	10/31/1998 12:04:00 PM
From: Sycamore	Respond to of 14631

Tom, If the FED lowers the rate one more time this year (it may happen, it may not Nov 17) we'll probably see one of the best quarters on record to follow for the stock market. If that happens, my guess is IFMX will be one of those beaten-down-stocks to shine. Like you, I've made and lost a lot of money in the stock market. I won when I bought and sold stocks based on instincts with a little research and lost when emotions get in the way. I guess the moral of the story is, to never fall in love with a stock. Learning from this experience, I now actively use stops and limit orders every time I trade. Normally 8-10% on the downside and 25-40% on the upside. However, stop loss limit goes as high as 25% and upside limit from 40 to 100% depending on the stock potential based on instincts, risk tolerance and fundamental research. Anyway, to make it up to you, here is a stock (AIPN = $1 3/4) that may be worth watching for the next few days. The stock seemed to have bottomed out. No guarantee of course but the target is $5-$7 by January99. Insiders are accumulating heavily including the CEO who bought 500,000 shares just two weeks ago. Good luck, sycamore

To: Tom Lee who wrote (12246)	11/1/1998 10:59:00 AM
From: Sycamore	Respond to of 14631

He's probably right! We just have to wait and see. Good luck! messages.yahoo.com@m2.yahoo.com

To: Tom Lee who wrote (12246)	11/1/1998 1:04:00 PM
From: Edwarda	Read Replies (1) \| Respond to of 14631

Don't feel bad: Lots of us who probably should have known better drank that Kool Aid. It happens!

To: Tom Lee who wrote (12246)	11/3/1998 5:18:00 AM
From: Mike Harvey	Read Replies (2) \| Respond to of 14631

Tom, you mentioned in a previous email about the company going in the right direction based on your friends still there. The real test of the "right direction" is how the application programming community perceives IFMX's software, isn't it? Three weeks ago I checked back with one guy I know at a major financial services firm, and his opinion of his brethren's opinion was that IFMX is still pretty much absent from the mindset, when it comes to software selection process. Obviously, a survey of one environment isn't necessarily an accurate representation of what's going on in the universe. But, as a believer in 2-3 year cycles of alternating dominance by the major database vendors (and as a big-time long), I had been hoping to hear that it was at least partially out of the doghouse. What makes you say they're going in the right direction? Mike Harvey