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Microcap & Penny Stocks : INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI) -- Ignore unavailable to you. Want to Upgrade?


To: Thomas Frank who wrote (2438)10/24/1997 4:47:00 PM
From: Claire G  Read Replies (1) | Respond to of 2486
 
Market News Publishing, Thursday, October 23, 1997 at 07:15


GAMBRO Healthcare Becomes Company's First Major National Account
and Represents The Largest Contract Award In Concepts' History

International FiberCom Inc. (BSE:IFC) Tuesday
announced that its wholly owned subsidiary, Concepts In
Communications Inc. ("Concepts"), has been awarded a national
contract from GAMBRO Healthcare Patient Services ("GAMBRO").
The contract is expected to generate approximately $4.9 million
in revenue to the company. Concepts has begun work under the award
and all work is expected to be completed by March 31, 1998. This is
the largest contract award in Concepts' 14 year history.
Under the terms of the contract, Concepts will perform on-site
systems integration and sophisticated data cabling installation
services. Specifically, 268 dialysis clinics throughout the United
States which were recently acquired by GAMBRO will be added to
GAMBRO's existing wide area network of 386 dialysis clinics.
Concepts will also be providing and reselling hardware and software
products manufactured by 3COM, Hewlett Packard and Bay Networks.
GAMBRO is one of the leading providers of kidney dialysis services
in the United States.
Commenting on the award, Joseph P. Kealy, chief executive
officer of IFCI, stated, "We have been building the infrastructure
of IFCI over the past 12 months in order to secure these types of
major national accounts in telecommunications and cable out sourced
services.
"As we continue to add capabilities and expertise through both
our internal initiatives and external acquisitions, we would expect
to amass a meaningful number of such large national awards. GAMBRO
has been a valued long term customer of Concepts and it is exciting
to see our established customers continue to return to IFCI for
their telecommunications services needs. It is a true testament to
the quality of work we provide and the confidence our customers
maintain in us."
International FiberCom's Concepts In Communications subsidiary
is a dominant player in the Southeastern United States providing
telecommunications systems integration services. Concepts maintains
Value Added Reseller and/or partner agreements with Lucent
Technologies, 3Com, Bay Networks, Novell, WIN Communications, Bell
South, Compaq, Dell Computers and Hewlett Packard.
International FiberCom Inc. specializes in the design,
installation and maintenance of fiber-optic and other cable services
for the telecommunications and cable industries.

NOTE TO EDITORS: This press release contains forward looking
statements which are based largely on the company's expectations and
are subject to various business risks and uncertainties, certain of
which are beyond the company's control. Actual results could differ
materially from these forward looking statements as a result of such
risks.
In light of these risks and uncertainties, there can be no
assurance that the forward looking statements contained herein will
in fact transpire or prove to be accurate. A more complete listing
of cautionary statements and risk factors is contained in the
company's reports filed on Form 10-K and Form 10-Q with the
Securities and Exchange Commission.

Joseph P. Kealy, 602/941-1900

Liviakis Financial Communications Inc.
Robert Prag, 916/448-6084

I pick this up, hope this helps
Claire



To: Thomas Frank who wrote (2438)10/26/1997 8:27:00 AM
From: JRobinson  Respond to of 2486
 
IFCI is in the process of digesting it's recent gains. Remember that it nearly tripled since the beginning of Sept. Right now it is finding support at it's 21 day EMA (exponential moving average) which is a common trait of many strong stocks. Of more concern is the Russell 2000 index of small cap stocks, which is nearing it's 50 day EMA (down). Any stock that has any Asian exposure is getting whacked right now, so we are lucky in that regard. I wouldn't expect much upside for awhile, unless there is a very strong earnings report. The NASDAQ seems to be setting up for a nasty little correction here. If one is looking to buy, you may get a good opportunity soon...be patient.You may be able to get it intra-day in the 5's. Once this bad market blows over, IFCI should resume it's move, assuming the fundamentals are still in order. Good luck