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

To: view who wrote (12384)	11/25/1998 11:10:00 AM
From: johnlea	Read Replies (2) \| Respond to of 14631

it looks like this puppy is going to continue to struggle for awhile. technically, the absolute bottom of ifmx's resistance level is 5.25. if it breaks this, it ain't going to be pretty for a quarter or two. what really amazes me is the valuation of ifmx compared to sybs. sybs is forecasted to earn (lose) -$.29 for the year 12/98 and earn $.12 in fy99. compared to ifmx's +$.25 in fy98 and +$.35 in fy99, you would think ifmx's stock would be beating the crap out of sybs. even sybs' revenue has been consistently shrinking for the past 2 1/2 years compared to a rebound for ifmx. yet, sybs is trading a buck higher. go figure! unfortunately for all us ifmx shareholders, this looks more like an extreme over valuation of sybs than a significant under-valuation of ifmx. let's see if the market corrects this anomaly in the next quarter or two.