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Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

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To: Robert T. Quasius who wrote (262)11/2/1997 10:10:00 AM
From: Mark[ox5]  Read Replies (2) of 297
 
To all re: FIBR

I have owned this stock since the Barrons article in August. It is having a rough time of it short-term and basically most investors who own/track it closely didnt feel it would have (+) earnings this quarter (see the thread). Personally, I am looking to the 2/98 earnings report for good results.. its myriad of contracts should soon be hitting the books and its potential "superstar" product GIGAMUX should be generating good revenue by then.

As for the estimates dont even look at those, they are obsolete. This is very risky play, and yes I do own it, but just remember it is SPECULATIVE. Please read the SI Thread before you buy in if you are considering buying.. it is quite informative. Lots of long time sufferers (I mean stockholders) post there. Luckily my average cost is in the $4 range, not much higher like most of them. And yes @ $3 it is a steal, even if you want to play with it for a week or two.. (i.e. buy at $3 sell at $3.25-$3.50 range). Good luck

Mark
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