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

To: Barrie Lau who wrote (1410)	11/23/1998 10:35:00 PM
From: david james	Read Replies (1) \| Respond to of 3541

Barrie, Well, I hope your son got a good education. Now if IFCI's P/E could get somewhere in the neighborhood of its year over year growth, then I might feel this effort to know a lot of facts about a company would be worth it. Right now, I do better with my trades that last less than a week. Still, if they can make their numbers of $.70 in 1999, we should have a stock which is at the minimum of $14 in a year (p/e of 20), and hopefully a P/E in the range of 30 to 50 ($21 to $35) which is still conservative given they should grow at a rate of greater than 60%. Here's some interesting reading from Scientific American, about the future of fiber optics technology. sciam.com:80/1998/1298issue/1298infocus.html Hunger for bandwidth drives all-optical technology to market The Internet-fueled boom in data communications has set off a grab for bandwidth--the additional network capacity needed to transmit Monica Lewinsky's grand jury testimony or the Taliban's Web page. Traffic on the Internet as much as quadruples every year, whereas plain old voice calls chug along at 8 to 13 percent annual growth. To sate the bandwidth crunch, long-distance telecommunications carriers have begun to demand optical communications technologies that had languished in university and industrial laboratories until the mid-1990s. " continued .........