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


To: FastC6 who wrote (2980)9/22/1999 3:41:00 PM
From: Charly  Read Replies (1) | Respond to of 3541
 
Good summary

1) Ifci is one-stop shopping company company ( access, design, build hook-up, maintain, etc.).

2) Revenues have grown from $35 million to about 200 million for 1999.

3) Revenues should grow to $300 million by the end of 2000.

4) Entire industry will produce $14 1/2 billion during the next 12 months.

5) No Y 2-K problems.

6) Management has long term perspective.

7) Money spend on training this year should pay off in better earnings next year.

8) Earnings should be around 50 cents a share this year and 70 cent + or - next year.

9) Fourth quarter should show company's business surge.

10) Company has hired a new PR firm and will be establishing stronger relationships with brokerage companies.

11) Current customers include ATT, Cablevision, Bell Atlantic.

12) Company is in the process of building large SF Bay Area project for ATT ( 300 miles of fiber put down).

13) Company will have ATT projects in Denver, Chicago, St Louis.

14) Growth will be exploding and ifci will have the skills to handle the upcoming business.

15) Company is moving into Latin America and will train and employ Latin America thereby gearing up for business in Latin America as solid growth resumes there.



To: FastC6 who wrote (2980)9/22/1999 7:19:00 PM
From: Chris Helton  Read Replies (1) | Respond to of 3541
 
Yes, I bailed some time ago, approx $8 5/8ths. I now hold a grand total of 450 shares in one of my IRAs at $7.50 cost. The stock has been "telling" us that something is amiss. It will interest me to find out how (or if) they can screw up a "free lunch". I suspect that eventually they will grow but why they can't right now is beyond me. Any ideas regarding what the problem is? why they are having problems getting profits/share to grow? Sales certainly are growing. Charly implies that it is: training, setup expenses, etc. I can't look over their shoulder very well to see what the problem is. Promises by Keely will certainly misfire, and it will turn into a "show-me" stock if he can't deliver very soon. too bad if so, it seems like he should be able to grow with the industry.