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


To: Kal Perry who wrote (3531)2/15/2002 1:17:27 AM
From: ELH1006  Read Replies (1) | Respond to of 3541
 
KAL, secured debt and general creditors typically get everything and if restructured they end up with your stock. I would be surprised if you ever get even a penny back. My advice is to sell for whatever you can get and put it into another beaten up telecom stock. Corv is selling for $1.32 and has over $2 in working capital plus great technology and hopefully its customers such as Verizon will start buying again. Many similar buys out there. JMHO; however I have been through this several times and the outcome always seems to be the same.