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

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

IFCI 0.0600

0.0%

Jun 7 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: FastC6 who wrote (2279)	5/12/1999 3:44:00 PM
From: Chris Helton	Read Replies (2) of 3541

With $.60/sh in eps this year, (not a stretch given the recent acquisitions, and the possibility of a few more this year), I doubt very much whether this stock would sell at 5X eps. Dycom, a similar company sells for 40X eps. It is much more likely that IFCI goes to a 25-30 multiple over the next year than a 5 multiple. Because you haven't taken the time to visit the various companies or understand how the companies work together (or understand that the companies grow almost whether they want to or not, due to the telco spending) makes your credibility very low right now as a forecaster. The pressure on the stock in the past was Wally Sapp's stock coming regularly into the market, not your short position. With this major force out of the way now, just a few institutions discovering this stock is much more likely to take up the supply than in the past. good luck Snake Eyes, your strategy is in the spotlight now. Your credibility is on the line with this one.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next