"You need to get real (meaning look at the company's history)"
OK, lets look at the company's history
In 1998 IFCI revenues grew 190% to $105 million and EPS increased 170% to $.45. This year, the Company has expressed comfort with a further increase of 75% to $180 million in revenue and at least $.60 in EPS. Otis Bradley, an analyst at Gilford Securities estimates $0.85/sh and $360 million in revenues in year 2,000.
By the way, when I made my DD in 96 and decided to invest heavily in IFCI they had revenues of 9 !!! Mio $.
"Why are you such a cheerleader?"
Because my investment in IFCI totally changed my life. I'm young,
(not as young as Snake), free and independent and can do whatever I want to do the whole day and the whole night.
"If you think the financial reports of IFCI are going to be so fantastic in the 2nd half of the year, why don't you chill out for 7 months, then come back and say "I told you so"?"
Because I have my whole life left to chill out after these 7 months
and I will enjoy everyday within these 7 months to say to you "I told you so"
"Don't you see ANY potential negatives to investing in IFCI at all (you act like the stock is a T-Bill that yields 200%)?"
OH YES, I see enough potential negatives, but I think it's a
healthy, undervalued company with tremendous potential (in comparison to others with negative eps and with 5000 PE !!!!). Give KEALY (sp!) a break,
it's a damn hard job to form this fiberoptic gorilla !
"Finally, what's the big deal about a friggin' potential Oppenheimer recommendation."
As already said: My guess is that they have bought roughly
3 Mio shares within the last 6 weeks. Finally, Oppy don't go for 1 or 2 bucks gain. That's the big deal (at least for me)
I'm convinced that IFCI really can do it (20-30-40 $) this year.
Hope this helps
Charly
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