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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Charly who wrote (24522)4/14/2001 12:12:50 PM
From: Ken W  Read Replies (2) | Respond to of 29382
 
Hi Charly

SCUR has been "your" stock for some time now. I've kept tags on it, always seems I'm involved in something else when SCUR is hitting its lows and about to move up. LOL

I did get back into one of our old favorites (I know you had a good time with this one too) IFCI. It may have been a bit too soon as the stock has had quite a move in the last couple of weeks on the strength of some new multi year contracts with some cable companies. IFCI is branching into this new area from their traditional fiber optic biz. Also of note is that Fidelity filed having taken a large position in the stock.

Year end eps is est. at .42, given a comfortable PE of 20 should place the stock in the 8's by year end with a 21% growth rate for the year. Intrestingly, going back 10 years on the stock, each time it has been at this level it always goes back to the 8's. Well, except for the bubble in fiber ops during 1999. <GGGG>

Ken