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Microcap & Penny Stocks : INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI)

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To: SunFun501 who wrote (2269)10/9/1997 9:47:00 PM
From: dale r. adams   of 2486
 
As far as I can tell, neither the longs nor the shorts have proven their point-of-view with the published data. Would it be insane of me to think that occasionally a company would shelter information from the small fry investor and then when it needs financial help the most, it would somewhat enlighten powerful analysts, brokerages, and newsletter writers?
Would someone please explain to me why Louis Navellier and Jim Oberweis, who publish a couple of the best performing newsletters in the US, would recommend IFCI if it is such a dog?
Why would IFCI take their show on the road to New York and Boston if this company is a total sham?
Why would Zacks rank IFCI #2 of 14 "Wire and Cable Product" companies if their future is so bleak?
Why would the one analyst who's following IFCI risk his credibility by recommending this stock as a strong buy?
Why would anyone want to sell this stock before this quarter's earnings are posted?
(Assuming the company hasn't lied to us yet).
I have purchased a ton of this stock from Feb. thru May. I also got burnt on REDI and PJTV( learned lesson hard way -no more under $30 stocks except for IFCI). So I m saying that I am very skeptical about Liviakis but still very much a believer that IFCI's management is trying desperately hard to make this company a leader in its field.
Dale
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