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

To: emljr who wrote (3029)9/28/1999 5:47:00 PM
From: Pete  Respond to of 3541
 
emljr,

I agree with you that the stock is oversold in this price range. I am totally disappointed with it as much as other people do. But I wouldn't sell now at the bottom only to watch to come back to the $7-$9 level. By then, I will get rid of it.



To: emljr who wrote (3029)9/28/1999 6:05:00 PM
From: David K.  Read Replies (1) | Respond to of 3541
 
You call this latest announcement going forward. Earning have been cut in half from last quarter. Additionally, have been notified of temporary and unexpected delays in contract execution schedules at two divisions, as well as significant, unanticipated cost overruns with a certain, non-core, municipal utility installation contract. Not to mention that after Kealy's laudatory interview last week, the stock has dropped close to 30%.


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