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Strategies & Market Trends : The Round Table: A work by the squares of the SNDK thread.

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To: Mike Ankley who wrote (50)3/14/1999 9:03:00 PM
From: Ausdauer   of 194
 
Mike,

Thanks for the research on IFCI. An endorsement by the Red Herring is nothing to take lightly. I have always felt that it was written with an unequaled level of sophistication. And it is one publication that I have trouble reading because of all the technical jargon that abounds.

I had trouble analyzing IFCI because of recent acquisitions which tend to "artificially" increase earnings due to pooling of sales revenues and earnings. That is one reason I have only a small to moderate position in IFCI. A solid quarter which reflects consolidated earnings would entice me to buy more.

Ausdauer
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