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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI) -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (2680)	7/1/1999 7:37:00 PM
From: FastC6	Read Replies (1) \| Respond to of 3541

So what do you make of the continual downward revision of the earnings estimates? Sound like a company that is growing? Compare this quarter to the last 3 consecutive and you will NOT find growth! . .

To: Elroy who wrote (2680)	7/2/1999 12:46:00 AM
From: david james	Respond to of 3541

Personally, it is my hope that some of the recent minor downgrades in estimates are an attempt to get management to be more conservative and provide them with some freedom to beat estimates, or just meet them if contracts get delayed. But in any case, I believe in a few weeks we could easily be trading with a P/E of 30 on forward earnings. This is a hot industry where rich valuations are common, and a P/E of 30 is not rich. This should put is in the range of $16/share on the 56 cent estimate for the year - and heading towards $25/share on that 83 cent estimate for year 2000 (that is 49% growth). But if the institutions decided that they were going to bless IFCI with a P/E of 50, I will not stand in their way. That would still not make IFCI look unusual in the industry. I also expect that the institutions are well aware that if they decide to push this thing over $10, those jumping in could easily push us higher quickly. As far as shorts, they are welcome on a stock like this. The short term traders provide liquidity - which is very attractive to the institutions - especially a small cap. Considering we are up 40% in the last couple months, its rather hard to believe that their rantings have any serious effect on the stock. I figure everything we do or say here probably effects the stock a quarter point or so. David

To: Elroy who wrote (2680)	7/2/1999 1:56:00 AM
From: Chris Helton	Respond to of 3541

The estimate(s) for IFCI's second qtr are coming down because, one analyst (Cruttenden Roth-the guy who lowered his opinion one day before the stock took off) of the two analysts (who have qtrly estimates) has lowered his 2ndqtr estimate from $.14/sh down to $.08/sh in the last 30 days. The other analyst (Genisis) left his estimate at $.14/sh. The average is now $.11/sh. This is not a statistically significant scientific survey, guys. Cruttenden may have an axe to grind here. On another note. The Cruttenden analyst has not changed his year estimate of $.56/sh. Interesting valuation dilemna is posed here. If he is not changing his year estimate, then maybe he is just highlighting the postponement of the Riley work that will now fall in the third and fourth qtrs. hmm. Is this something we should really be concerned about? Certainly, adding another estimate to the concensus will help bring some stability to this game. Come on OppCo!