SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Inference Corporation--Growing 100% and still inexpensive -- Ignore unavailable to you. Want to Upgrade?


To: 45bday who wrote (1103)1/8/1999 7:06:00 PM
From: Marci L  Read Replies (1) | Respond to of 1246
 
My Broker had an opportunity to speak to the mgmt. of INFR at some point today. He was told that the company is on track to hit the 10 cent estimates for the Q. They also have beefed up the sales force by a high degree. Out with the non-producers and in with the aggressive ones.
IMHO, it would make sense for INFR to spend 8-10mm of their cash to try to buy out the overhang from JP Morgan.
With 28.8mm in cash(4 dollars/per share) to spend 8mm to clean up the overhang is a wise move.After its all gone , the company still has 3 dollars in cash ,a high book value, growing revenues, exploding marketplace and one less controlling shareholder they have to worry about.
My Broker is recommending that we all write the Board of Directors to convince them of this move. If Jepson is as confident in growing shareholder value as he indicated he was they should act now before the internet balloon bursts.

Good Luck to all

Marci L



To: 45bday who wrote (1103)1/8/1999 8:50:00 PM
From: Dan Berger  Read Replies (1) | Respond to of 1246
 
INFR is also my largest holding. I picked up some
more shares today at 6 1/8 with the exact same thought:
that today's blip down was an aberation and may indicate
the completion of the selling. Oftentimes, you see a
sharp down turn before a sustained upward move. Hope
today was it.