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


To: Satch77 who wrote (1129)11/6/1998 9:27:00 AM
From: James Bowser  Read Replies (1) | Respond to of 3541
 
From the yahoo board.

<<
In answer to what happened to the stock suddenly, BI Research issued a Screaming Buy on the stock, got newsletter on Wednesday, mailed Monday. Has only done one other Screaming Buy before that I know of in the last few years, and that one went from like $6 to over $30 (Mitcham... then got hammered with the rest of oil service stocks).
Off Topic-
Saw somebody comment on AgriBioTech (ABTX), oh baby DON'T GO THERE. I know a CEO in the industry who knows how to value seed companies and says the stock is worth about $3 for the grass seed side, couldn't speak to the forage side of the business, but that's like just 25-30%. They don't sell on revenue they sell on future earnings potential. That one is aroun $17 last I looked and goin' down, and I'm not even short it... but thinkin' hard on it. By the way BI Research recommended that one at $4 about 2 years ago also and it went to almost $30, also, though BI stopped coverage before then, mysteriously, some conflict of interest, didn't say sell it just had to stop coverage. Generally BI sticks with 'em too long sometimes. Gotta decide for yourself when to get out. IFCI looks like it has long term potential though.

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To: Satch77 who wrote (1129)11/6/1998 9:29:00 AM
From: Feraldo  Respond to of 3541
 
If you look at stocks that blow out earnings, they almost always move ahead of time in a good bull market. It was easily observed in JBL, SMOD and other two summers ago when the bull was raging.