International FiberCom, Inc. (NASDAQ- IFCI) Message Board

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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI)

IFCI 0.0600

0.0%

Jun 7 5:00 PM EST

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To: FastC6 who wrote (1930)	3/22/1999 5:33:00 PM
From: Satch77	Read Replies (3) of 3541

Snake, I like that you posting your position. My thinking is that last time earnings came out, we missed by a cent or 2, and the price started dropped the first day after earnings came out. This time, we at least met or beat estimates, AND 1st quarter earnings will be coming out in just 6 more weeks. With the successful earnings and sales growth the company has shown, and the PE continuing to drop and the price staying stable, there is a very good chance we are building a base right here at this level. Growth stocks just don't deserve a PE of 15 if they have a 75% growth rate. I enjoy your posts, but don't agree with your position. Satch

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