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

To: Charly who wrote (3072)	11/1/1999 11:23:00 AM
From: david james	Read Replies (1) \| Respond to of 3541

Well the new institutional holdings are starting to trickle in. I see that TIAA-Cref bought 127,000 shares in the third quarter. That is my retirement fund (mostly for teachers and profs), and they do quite well overall. They probably bought at a good price. Maybe once these earnings are out of the way we will start to see some buying again. We are trading near a price/revenue ratio of 1.0, and if we keep tracking the revenue stream from here, and am sure we will do fine. However, to get about the price/revenue ratio of 1, IFCI will need to show some decent margins and earnings. Will they finally start to do that this quarter? Dave