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

To: GURU83 who wrote (3040)	9/30/1999 11:52:00 AM
From: Charles Holewinski	Respond to of 3541

So what is there to bitch about. The real reason this stock is down has nothing to do with IFCI in particular. It is more to do with market conditions in general. Small start up companies such as this one will suffer in a down market which is loaded with uncertainties. First we have a very high market levels, then problems with interest rates and the economy. So then companies such a IFCI get sold off until better news comes out. It seems to me if IFCI is going to do good,and I think it will, then all one has to do is hold on and wait for the bad news to pass. The psychology of this market is full of crazy people. Here the market is at very high levels and no one can recognize that fact until someone such as an officer in MSFT comes out and says that their stock is too high. This market has gone up on little or no news for several months now so I am not surprised that it is now coming down. I don't like what is happening but if you have any cash left this is the time to buy some of the compaines which are at their 52 week lows. IFCI might just be one of them.