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


To: Charles Hughes who wrote (12659)1/3/1999 10:32:00 AM
From: Arthur Radley  Read Replies (1) | Respond to of 14631
 
It is my understanding that Walmart is a big customer of IFMX. If that is the case, all should read the Monday edition of Investor's Business Daily and the article on WMT. It appears that they plan to open 500 7-11 type smaller stores, plus the recent purchase and expansion plans in Europe. As the article points out, WMT is successful because of their distribution system...knowing what products are selling and having inventory in place.

With the future expansion plans of WMT being what they are, it appears that this should bode well for IFMX (IMO).



To: Charles Hughes who wrote (12659)1/6/1999 4:35:00 PM
From: Rusty Johnson  Read Replies (1) | Respond to of 14631
 
CBS MarketWatch

cbs.marketwatch.com

Shares of Informix (IFMX) rose 1 5/16 to 12 1/2 after its presentation at an Arizona investment conference held by Morgan Stanley Dean Witter. See Thom Calandra's StockWatch.

cbs.marketwatch.com

-- Talk about a moonshot. Shares of Informix (IFMX), after a presentation at an Arizona investment conference held by Morgan Stanley Dean Witter, are soaring. The stock of the database maker sells for 12; the shares have doubled since late November. The California company's shares have overcome restatements of sales and earnings and heavy speculation by short-sellers.

On Nov. 10, we reported the battered company's shares could benefit from several large database deals and products that center on Internet commerce. CEO Bob Finocchio gets credit for upcoming contracts with Baby Bell companies, one investment pro says.


Now that IFMX is over 12 ... we should start popping up on stock screens like BigCharts largest increase in volume:

bigcharts.com

May the shorts ... eat our shorts.

Best of luck.