Re: Informix Stock Dive 30%

Richard Thomas wrote: > > :-) > :-) Informix fell from around 25 to around 17 today. What > :-) the heck happened?!?!? > :-) > > Saw something on the news about the whole US share market going down > the pan. Something to do with nervous dealers worried about interest > rates. Stick to gambling on the horses! No, its more than that. Several Brokerage houses downgraded Informix. Informix will post gains around 7 - 10 cents a share, while analyts are expecting 14 cents. Informix sales have always been sluggish around this time of year plus the market is slowing down. Not to mention the write off of the cost of buying Illustra. -Mikey. (Yes, virgina, I read the WSJ online ;-)