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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

IFCI 0.0600

0.0%

Jun 7 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FastC6 who wrote (2823)	7/29/1999 10:32:00 AM
From: Chris Helton	Read Replies (1) of 3541

If they do I would bail. But it would depend on by how much and for what reason. FYI, I sold my IFCI shares temporarily at $8.375 (which I bought for $6.125 as I indicated to you in a post). Based on the controversy surrounding this stock (and the recent action in the stock) I decided investors would sell into the qtrly announcement and then there will be another opportunity to buy. I expect to pick this stock back up again after the announcement. Unlike you perhaps, I wouldn't short it because I don't know how far down it might go, I just feel that it will be under some pressure going into the announcement. You can't deny, getting the ATT contract is a very big positive and it will affect positively the value of this company, (also note the positive outcome of SF city council decision on open access). IFCI appears however to be in weak hands (trading hands) and only will be stronger when (and if) we get a large brokerage recommendation. I anxiously await another buying opportunity.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next