Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: LiPolymer who wrote (3470)	7/22/2000 9:38:57 PM
From: Larry Brubaker	Respond to of 30051

LiPolymer, perhaps you should do some more due dilligence on IRF. Yes, about half their business right now is low margin, low tech stuff, but it is the other half of the business that is growing by leaps and bounds. Revenue growth of over 100% for their high tech proprietary products is driving their targeted FY 2001 40% revenue growth. Gross margin improved from 27% to 38% over the last year. 40% revenue growth could easily drive more than 100% profit growth over the next 12 months. The only potential red flag I see is the cyclical nature of their non-proprietary products. Listen to Friday's conference call, (available on vcall) and then come back if you want to seriously discuss IRF, rather than argue just because I am not enthralled with the holy one.