Thanks for this insight. I agree that IRI looks significantly...

Thanks for this insight. I agree that IRI looks significantly undervalued at present and seems to be a good buy if you don't already hold a lot.

A tech company like IRI needs a CEO imbued with the culture of the tech experts who develop and upgrade the company's products - NOT a generic corporate manager. Otherwise there will be demotivating fit problems that may lead to key personnel departures that are hard to recover from. I suspect there may have been at least a little of this at IRI. Hopefully the Board will avoid this pitfall with its next appointment.

I too have found that MF can get it badly wrong sometimes - like its sell advice on ALU at $11 in October last year... Most annoying is when they recommend a sell for one service without explaining that it is a hold for another MF service.