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

To: Ed Bowes who wrote (12747)	1/6/1999 8:16:00 PM
From: Howard S.	Respond to of 14631

Some coroboration from CBS Marketwatch on the phone company sale. 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.