International FiberCom, Inc. (NASDAQ- IFCI) Message Board

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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI)

IFCI 0.0600

0.0%

Jun 7 5:00 PM EST

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To: FastC6 who wrote (2684)	7/1/1999 8:44:00 PM
From: Satch77	Read Replies (1) of 3541

Mark, >>>Mark wants to know if you are in this one and if so are you long or short and at what price?<<< Snake, which Mark, and if he wants to know, why doesn't he ask? To answer the question, I currently hold no position in IFCI. I sold everything at 7 1/8. I did not sell because I thought the fundamentals changed or to take a profit. The reason I sold was to get into a stock that I have good, no great, information on. Right now I am up about 30% in that stock, vs about the same as I would have been if I had stayed in IFCI. I would not go long right now. (I sure as hell wouldn't go short.) I would place a buy stop order at ~10 1/2. IMHO opinion, if we pop here in the next 2-3 days/weeks and break out, we won't stop going up until hit 35-45. I don't think it would take more that 2-3 months to get that high, once we break out. If my stop order didn't hit and we drift down, I would imagine I would be able to re-establish my position in the sixes. Either way, I'm back in. Satch

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