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


To: RAYS who wrote (12918)1/27/1999 11:43:00 PM
From: Zoro  Respond to of 14631
 
Consensus was $.11, whisper was $.13, earnings before charges were $.14, stock has tripled in last quarter. I have no idea where the market will move this stock, but if beating consensus and whisper mean anything, present levels appear justified.



To: RAYS who wrote (12918)1/27/1999 11:46:00 PM
From: ratlong  Read Replies (3) | Respond to of 14631
 
I have to agree that this is going to drop. If we hadn't seen nearly a triple in the last couple of months, we'd probably be ok. But, I think people are going to realize that this doesn't have the legs to keep running as of yet. They are going to take their profits out and do something else. I am considering it. I bought at 5 and might take my money out- I think I will be able to get it cheaper in the coming months. I wanted to see them eat Sybases lunch. I think MSFT might take both out of the market.

Will watch the reaction tomorrow morning- I think it could be ugly.