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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: BelowTheCrowd who wrote (233)3/11/1999 4:52:00 AM
From: Bill Wexler  Respond to of 10293
 
Poor IFMX...it truly is a dog (the good kind of dog!!)

I wouldn't do anything based on Oracle. IFMX is really operating in its own little world right now. No one wants to believe in them, yet they keep hurdling over the estimates. It still hasn't occured to the "analysts" that this isn't the old Informix anymore.

I continue to follow the same strategy. If the stock is on a tear, don't do anything. If there is a big pullback (with no negative news) then buy more. I don't think Oracle will have much of an impact at this point.

If IFMX beats estimates again, keep buying. Don't pay attention to Oracle, pay attention to the continued earnings turnaround.