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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (41287)11/14/2000 5:38:38 PM
From: Steven Finkel  Read Replies (1) of 57584
 
Mark:
Here is one of my posts from earlier this year on fbce

:FBCE REPORT:
Just got off the phone with IR at Fibercore. The company is in a quiet period now due to proximity of quarterly results coming in early august and registration of shares necessary for the recent funding. However, I found out a few things.

1. Look for significant revenue growth for this quarter (which includes XTAL starting in June). No exact figures were available.

2. The company does intend to pursue a Nasdaq listing, but he couldn't say anymore

3. Annual meeting is Thurs june 27 at 9 am in boston at seaport hotel. (I live in the boston area but unfortunately I can not be there)

4. It is reasonable to expect continued impressive revenue growth, particularly from xtal.

My commentary:
Try and find another fiber optic and preform producer for their market cap.
I am holding to my belief that come March, shares could hit 20-30 dollars, ESPECIALLY if they get on NASDAQ

Well, the NASDAQ is in the bag, and my comments concerning revenues above pertained to last quarter, where they showed excellent results. Now this quarter was terrific as well. Everything seems to be falling into place. Their market cap is still only 250 mill if I am not mistaken.
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