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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: MikeM54321 who wrote (3501)12/19/2000 12:35:00 PM
From: MikeM54321  Read Replies (1) of 3541
 
"...sure looks like IFCI is taking advantage of the telecom debacle noise to slip in a failure to execute."

Thread- Well I'm listening to the CC. And the bumbling Kealy admitted it was, "A failure to execute...BUT...." Gee did we really need ANOTHER 'but?' With this 'but' blaming it on the rain??

The real problem is Kealy is having a hard time running a company that appears to have no problems on the top line. Hence you would think he would just admit he's failing and quit coming up with excuses. It's never his fault. Always some other problem. Been like this for years. Any shareholder who invested in IFCI's long term future three years ago has NOTHING to show for it today.

As far as his vision about Aerotech, I'm beginning to have some doubts about that too. They've spent a lot of money on it and show next to nothing in revenues generated off of it.

Two major problems that a good CEO should have a better handle on. Too many excuses in too good a market. Imagine what it would be like if the top line was struggling. -MikeM(From Florida)

PS Late edit: Get this. It's not really a rain problem. It's a problem to totally fail to execute in California. BUT if it wasn't raining in Texas we would have hit our forecast. Might as well throw in a BUT if we hit the lottery we would not have had to taken a $5 million write-down.
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