Why is IFMX stock doing poorly?

Posted in 1996

Aaron D. Gross — Mon, 27 May 1996 04:44:00 GMT — source: Informix-list mailing list archive (1991-1998)

I am trying to understand why the stock price of IFMX has plummeted and is hovering in the low 20's. Does the market perceive that database stocks have peaked? (Oracle is flat in the 30's, too.) Isn't all this web development database-driven, and wouldn't that portend well for strong DB companies? Or, is the market timid regarding the Universal efforts of both Informix and Oracle? I'm just trying to get a handle on this, as I've taken a beating on the stock. If I am oversimplifying, I'd be most appreciative of an explanation.