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

To: ernie who wrote (12951)	1/29/1999 11:40:00 PM
From: Joe Pic	Respond to of 14631

I have no training in TA. But I am curious if someone, who does have such knowledge, could say whether day-trading will create distortions or lead to inaccurate analysis. I believe that day-trading was not as significant, say a year ago, as it is today and will be more so in the future. Even if it does not affect the trend, do you not get a false analysis of support levels because the volumes can be misleading? Isn't IFMX a more heavily day-traded stock (relatively speaking) than say ORCL?

To: ernie who wrote (12951)	1/29/1999 11:47:00 PM
From: Rod Dolman	Respond to of 14631

Try www.quote.com or www.clearstation.com they may help you do your own analysis.

To: ernie who wrote (12951)	1/30/1999 11:48:00 AM
From: AmericanDane	Read Replies (2) \| Respond to of 14631

Down on disappointed speculation on wrong 'whisper numbers.' The qtr was great, hang in there.

To: ernie who wrote (12951)	2/1/1999 2:01:00 PM
From: Dave Wulkan	Respond to of 14631

Ernie, This pattern is consistent with behavior over the last 3 earnings reports. A one day big run up and quickly falling back. In a few weeks it will probably hover in the 12 dollar range waiting for the next earnings report. The Oracle split puts their stock price closer to IFMX price and (I think) when you factor in the potential for advancement (revenue growth rate and stock price) IFMX has it all over ORCL. If IFMX falls below 10 I will add to my position. For you, averaging down is a good bet on this stock! Hold on for a wild ride through this summer. dave