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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (17008)	5/15/1998 2:06:00 PM
From: Charly	Read Replies (1) \| Respond to of 79366

Doug, Kaufman Brothers buy recommendation blow away all previous IFCI estimates: Friday May 15, 1:20 pm Eastern Time Company Press Release Kaufman Brothers, L.P. Reiterates "Buy" On International FiberCom Raises EPS Estimates and Price Targets PHOENIX--(BUSINESS WIRE)--May 15, 1998--International FiberCom Inc. (NASDAQ: IFCI; Boston Stock Exchange: IFC) Friday announced that New York based Kaufman Brothers, L.P. has reiterated its ''BUY/BUY'' recommendation on IFCI. Kaufman Brothers also revised upward its 1999 EPS estimate to $.66 (from $.53) and its 2000 EPS estimate to $1.04 (from $.80). Kaufman's short-term (3-6 month) price target was raised to $11 (from $9) and the long-term (12 - 18 months) price target was raised to $17 (from $14). Kaufman analyst Vik Grover commented, ''We continue to hold that IFCI is well positioned to become a substantially larger company during the next few years as a result of strong demand for new construction and maintenance services, aided by steady consolidation of a fragmented space.'' International FiberCom specializes in the design, installation and maintenance of fiber-optic and other cable services for the telecommunications and cable industries. Its wholly-owned subsidiary, Concepts In Communications, provides systems integration services including design, engineering, installation and maintenance of structured cable systems, network hardware and software, workstation peripherals and intercommunications systems. Concepts maintains value added reseller and/or partner agreements with Lucent Technologies, 3Com, Bay Networks, Novell, WIN Communications, BellSouth, Compaq, Dell Computers and Hewlett Packard. Its telecommunications engineering subsidiary, Compass Communications, specializes in designing broadband video, voice and data networks systems. Southern Communications Products is a leader in a fast growing niche business within the telecommunications equipment sector. Contact: International FiberCom Inc. Joseph P. Kealy, 602/941-1900 or Liviakis Financial Communications Inc. Robert Prag, 916/448-6084