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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Tim Luke who wrote (5452)1/6/1999 1:00:00 AM
From: Robert V. Cavaleri  Read Replies (2) of 90042
 
Hi Tim, I Noticed that you seem to be bullish on networking stocks, very understandable considering they will be providing the infrastructure for the internet of tomorrow. I am curious to know if you have ever come across IFCI, I have watched the stock for about 3 years, and have position played it from between 5 and 9. It seemed to me that they have had a hard time breaking over the mid 9 barrier even thought they have recently become profitable, and are showing good signs of becoming a decent player in the fiber/cable networking business. I am not currently long or short, but the selloff in the stock over the last couple of days has me tempted to pick up some shares here while it's down in the 6's again. Would be curious as to your opinions, and anyone else's who follows this stock.

Keep up the great thread, I am usually a lurker, but feel your thread is certainly one of the best.

Lots of luck to you in 99.

Robert Cavaleri
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