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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI)
IFCI 0.06000.0%Jun 7 5:00 PM EST

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To: FastC6 who wrote (2929)9/2/1999 10:09:00 PM
From: david james  Read Replies (1) of 3541
 
I don't quite understand your style of investment. Are you looking for answers to those questions or are you simply trying to evoke some sort of emotional reaction?

Your claims of shareholder lawsuit is a case in point. I suspect you are bright enough to know the claim is childish. This quarter's earnings should be about 90% higher than last quarter. It might be as much as 100% higher (16 cents) it might be a bit less, but the CEO seemed pretty confident with a month left to go in the quarter. And suppose your hopes are realized and they do only 12 cents (50% growth), there obviously won't be a lawsuit.

I am 99% certain we will see an increase in revenues, earnings, and margins. It is the last that I think is most important for attracting new buyers. The increase in margins will come from the sectors doing the AT&T work and from the equipment reselling business which suffered the first half.

If you read the previous announcements regarding the acquisitions you will learn that the shares in the S-3 were mostly issued in payment for those companies. Were you unaware that the company made these acquisitions?

There is nothing wrong with trading a stock short term. But I don't see the point in playing a stock like this on only the short side. Revenues and earnings will be increasing and possibly quite dramatically - while the P/E is significantly below the industry average. Are you really saying you can't find a better short out there with all the companies out there losing money? Take your worse case scenerio and look at what sort of P/E that gives IFCI. It is still likely to be below the industry averages and earning more than most in the industry.

Are you short because of some personal reason? Do you not like Charly?

David
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