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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 (3507)4/1/2001 5:21:04 PM
From: jbkelle  Read Replies (1) of 3541
 
Mike and Thread...What's the outlook for IFCI going forward from here? Declining interest rate environment should help a bit, but uncertainty about telecom spending weighs on them, and lack of visibility. Hard to justify ditch-digging if customers won't pay for services, but hard to avoid ditch-digging if you want your network to connect to potential customers. The stock price is the lowest in over 3 years. Looking for inexpensive stocks with potential to outperform going forward. Management capability is a real question here. Note, I owned IFCI from the low 7's to over 20 where I sold, missing the run to the 30's. Snake Eyes was always annoying, but seemingly correct about the management ability. I bought a small position back at 12, then bought a much larger block at 4 within the last week. Looking for a rebound to $5+ or so in the near-term. jbk
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