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

To: FastC6 who wrote (2929)	9/2/1999 10:09:00 PM
From: david james	Read Replies (1) \| Respond to of 3541

I don't quite understand your style of investment. Are you looking for answers to those questions or are you simply trying to evoke some sort of emotional reaction? Your claims of shareholder lawsuit is a case in point. I suspect you are bright enough to know the claim is childish. This quarter's earnings should be about 90% higher than last quarter. It might be as much as 100% higher (16 cents) it might be a bit less, but the CEO seemed pretty confident with a month left to go in the quarter. And suppose your hopes are realized and they do only 12 cents (50% growth), there obviously won't be a lawsuit. I am 99% certain we will see an increase in revenues, earnings, and margins. It is the last that I think is most important for attracting new buyers. The increase in margins will come from the sectors doing the AT&T work and from the equipment reselling business which suffered the first half. If you read the previous announcements regarding the acquisitions you will learn that the shares in the S-3 were mostly issued in payment for those companies. Were you unaware that the company made these acquisitions? There is nothing wrong with trading a stock short term. But I don't see the point in playing a stock like this on only the short side. Revenues and earnings will be increasing and possibly quite dramatically - while the P/E is significantly below the industry average. Are you really saying you can't find a better short out there with all the companies out there losing money? Take your worse case scenerio and look at what sort of P/E that gives IFCI. It is still likely to be below the industry averages and earning more than most in the industry. Are you short because of some personal reason? Do you not like Charly? David

To: FastC6 who wrote (2929)	9/3/1999 9:11:00 AM
From: The Band Leader	Read Replies (1) \| Respond to of 3541

Dilution? Maybe I didn't read this closely enough, but it appears to me that this offering is an offering by current shareholders who have a lot of shares via acquisitions, and want to dump some or all of their shares. While this is not good news in my opinion, I don't think it represents dilution as these shares were already registered during the process of the various acquisitions. Is there an accountant out there who knows more about this than I do? Date on this filing is 8/27 and the price quoted is 7 3/8 which could explain why we've been hovering about that level for awhile. While the fact that these people, who are somewhat knowledgeable about IFCI's prospects, are dumping their shares is bearish, there could be a nice little up movement after the market clears this 2 million share overhang. All in MHO. Thanks for the link Snake.