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


To: FastC6 who wrote (1448)12/8/1998 9:09:00 PM
From: advinfo  Read Replies (1) | Respond to of 3541
 
Hey Northstar you still averaging down on this one?

Due to the overheated market, I recently unloaded in
the mid 8's. Aside from FLEX and GNSSF, I'm 100% cash.

I've done well on the long side of IFCI, and I'll be back in soon :-)

Snake, why are you short this one? There are soooo many better
stocks to go after. I can understand the earnings/technical
short you did, but the risk/reward doesn't seem to jive at these
levels. What are your expectations? Why not hit a high flier
like AFA with some "triple A", that one usually folds big time
with the market. I would be looking for 5-10 points minimum on
any short play now, why are you going after IFCI bone marrow?