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


To: Zoro who wrote (13269)4/30/1999 9:40:00 PM
From: Mike Yiu  Read Replies (1) | Respond to of 14631
 
Shrinking to $4...based on what? Your own gut feeling, dream last night or your neighbor prediction. Provide the fact.

IFMX is a better company compare to a year ago. It started to generate profit, cash flow, and has a solid path growth ahead. The long term outlook for the stock is very good. Short term, the stock may go side away due the choppiness of the current market condition. The company has refocused nicely to capture the internet market recent boom, and can compete evenly with all database makers. The alliance with Red Hat and Linux and working closely with major vendors like SAP, should benefitted the company greatly in the near future. With just couple big orders, IFMX share can soar or double easily.

Database and Software maker stocks, in general, are weak throughout 1999. But, if the biggies (MSFT, CA, SAP) are continuing to show positive results in the coming quarters, secondary stock like IFMX could appreciate more. So far IFMX has delivered. We need Bob F. and the crew to continue deliver the same results for couple more quarters.

This has been a bad week for the software maker. Look at MSFT, PSFT, SYBS, etc, they are all down this week.

Good luck all to IFMX Long!



To: Zoro who wrote (13269)5/1/1999 4:30:00 PM
From: James R. Barrett  Respond to of 14631
 
>>"I see the downward spiral continues, slowly sinking back to 4."<<

Buy at 4, sell at 8 1/2.

Jim