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

To: Bruce A. Thompson who wrote (12771)	1/7/1999 3:04:00 PM
From: bob zagorin	Read Replies (1) \| Respond to of 14631

when evaluating ifmx, consider the following. 1. the stock ran from below 4 to over 13 in 3 months; from just over 5 to over 13 in one month. 2. there may be some here who have decided that ifmx is an internet comapny and thus PEs and such are of no importance; but, ifmx is a real company with a past history of sales and earnings and this q will be viewed in relation to its past as well as future. bottom line, IMO, ifmx needs to build a new base somewhere between 4 and 13. i'll agree there is a turnaround in place but, technically, there has to be a base. my guess, there will be strong support above 10, jmho.