To: Charly who wrote (1459 ) 12/15/1998 11:24:00 AM From: valuehunter Read Replies (1) | Respond to of 3541
Proposed news release for 2/1/99 if still in $7.50 area: " IFCI Announces Dismissal Of Liviakis Associates As PR Firm; Reiterates Expectation Of Record Revenues, Operating Margins, & EBTA Going Forward "................................ IFCI today dismissed Liviakis Associates as their PR firm stating that: " While they have served us well in the past, we believe it is in the shareholders best interests to establish a relationship with a different firm with the ability to project our true value and worth in the marketplace. For some time, we have been disappointed with the valuation of our company relative to others in our industry. We have concluded that the investment community needs to be provided with an increased awareness of our company's stature as an " internet infrastructure builder " offering, through fiber optics, the increased bandwidth so vital in todays information age. Of course, we remain a preeminent "one stop shopping" source for more traditional telecom industry applications. While seeking out a new PR firm, we would further reiterate that our 4 core subsidiaries envision revenues of up to 160% above those previously reported. We continue to aggressively pursue new contracts and expect announcements to made on this front in the near future. Lastly, we would again like to advise our shareholders and the investment community at large that our business is entirely within the US and should remain unaffected by turmoil & uncertainty in foreign markets ". Blah, blah, blah. Disclaimers blah, blah, blah For Chrissakes, this was off the top of my head in 3 minutes..C'mon IFCI!!!!!!!!!!!!!!!!!