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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here

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To: MikeM54321 who wrote (6375)	2/15/2000 1:51:00 PM
From: MikeM54321	Read Replies (1) of 12823

Re: Brain/Brawn- International Fibercom(sym:IFCI) Thread- Another bit of news driving one of my boring telecom infrastructure sector picks. At least the stock price is never boring. And I still like the split these brain/brawn guys are generally getting between the telcos and the cablecos. BTW I attended a seminar recently where I met an employee of Williams Communications. He's in charge of overseeing the laying of their fiber, and lighting it up in the Southeast US. We got to talking about the engineering/construction firms. It was quite interesting. Most interesting was the fact he could hardly remember the last time he had even talked, face to face with another William's employee! They contract out everything to outside firms. Everything including lighting it up and testing it. He was of the opinion those firms are making massive amounts of money and he should know because he sees the checks. -MikeM(From Florida) ****************************** International FiberCom Awarded in Excess of $24.5 Million in Contracts PHOENIX--Feb. 15, 2000--International FiberCom Inc. Tuesday announced that its Infrastructure Development Group has received more than $24.5 million in new and additional contracts from customers including Adelphia Communications, AT&T Local Services, Level 3, Next Link Communications, Cox Communications and U.S. West**, as well as from other leading telecommunications providers. According to IFCI Chairman & CEO Joseph P. Kealy, services to be provided include the engineering and installation of metropolitan fiber network segments and development of long haul fiber networks for Internet backbone. Engineering services for all of the contracts have begun. These awards are in addition to the more than $52 million in awards from PF.Net announced over the past two months. Kealy commented, ``These contract awards represent extensions of our relationships with many existing customers, as well as first-time opportunities with new ones. ``As the telecommunications industry moves from circuit-switched to packet-switched communications we have seen the consumer demand for bandwidth increase exponentially. We have grown our Infrastructure Development Group through internal growth and strategic acquisitions to meet this demand. We look forward to continuing to provide additional services to our expanding customer base as demand for bandwidth continues to climb.'........ biz.yahoo.com

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