INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI) Message Board

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

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To: Rob S. who wrote (2435)	10/23/1997 9:31:00 AM
From: xfiles	Read Replies (1) of 2486

<I have been told that earnings expectations after the merger and not considering the most recent contract are for between 45c and 50c for next year. This is on a fully diluted basis on aprox. 14.1 miilion shares.> May I ask who told you that? Since there were already 14.15M common and equiv. shares in the last 10-Q, 755K in options (all in the money now) awarded since the annual meeting in July, and IFCI's press releases indicate approx 400K shares to acquire the $7M revenue company and "less than 2M shares" to acquire the $15M revenue company (are there two mergers pending, or just one?), that would appear to total well more than 14.1M shares. What am I missing? x.

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