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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI)
IFCI 0.06000.0%Jun 7 5:00 PM EST

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To: Satch77 who wrote (2344)5/30/1999 1:13:00 PM
From: FastC6  Read Replies (3) of 3541
 
<<Your post a few weeks ago indicated you closed your long position and went short.>>

My post stated that I closed my long position it did not state that I opened a short position.

I currently have no position in IFCI. The apparent price run up to earnings will provide another excellent opportunity to short this one as I believe as I have stated all along that this company's sequential earnings from quarter to quarter will show little to no improvement from the previous (minus the revenue from the new acquisitions in the quarter). If someone wants to look at the real growth or the lack thereof look beneath the hype of the press release and run some numbers. My bet is you won't be impressed.

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