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


To: McNabb Brothers who wrote (12758)1/7/1999 10:07:00 AM
From: Marq Spencer  Read Replies (2) | Respond to of 14631
 
A number of people posted responses to my message on "taking money off the table when ahead." They compared this to selling MSFT, or WalMart, etc too early. If anyone on this thread thinks that IFMX is the next MSFT or WalMart, they should definitely hang on to all the IFMX they can get their hands on. Others should evaluate their goals and expectations and the probability of a "10 bagger" with this stock.

I've been long on this stock for almost two years, and those others who have, know how rough it has been. I added to the position some time ago, and subtracted from it yesterday. I still have the same number of shares that I've had for most of the time. That is what I feel comfortable with, you may feel otherwise. I think it will be very hard for IFMX to get to $20 this year (one can wish that it does, but one shouldn't make investments based on wishful thinking).

By the way, how many people think that this stock will see $15 before it sees $10. I have frequently posted this question over the past two years (with different numbers, of course) to make people think about it.

- Brian.