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

To: FastC6 who wrote (2682)	7/1/1999 8:02:00 PM
From: mark garner	Read Replies (3) \| Respond to of 3541

Snake: this is my view on the earnings estimate being revised downward, if it is true, i see that as positive as long as the meet or beat the expectation. really, at this point, if am right, i believe Oppenheimer is putting their clients in the stock in preparation for some sort of recommendation they will make in the future. this stock is not widely followed, so Oppenheimer will be their first "real" coverage. if you look at this logically, it is obvious that Oppenheimer has been accumulating. they have been taking in a load of shares. i really dont think they would be putting their clients in this stock unless they were pretty sure it was about to break out to the upside. i believe that a recommendation is forthcoming and it aint going to matter what happens with earnings this quarter. Oppenheimer will be focusing further down the road than this quarter. i seriously doubt that your continuous postings are going to scare anybody out of their stock. if my analysis of the situation is correct, you are on the wrong side fighting a force that has infinitely more capital than you do. as people have said here before, dont fight the tape. i was very encouraged by the action today and am expecting a 52 week high within the next week. when that happens, obviously there is no resistance and the stock is capable of printing $12 sometime soon. EDIT: what particularly makes the short side of the equation even more dangerous is the fact that you can wake up to news of an Oppenheimer recommendation only to see the stock gap up and never return to this level