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

To: Charly who wrote (1688)	1/29/1999 12:39:00 PM
From: david james	Read Replies (1) \| Respond to of 3541

I think there are two groups buying and selling now. On one side we have the group that is worried that IFCI might grow at only 150% (10 cents) rather than the 12 cents expected a few weeks ago. And this group has grown tired of holding IFCI. On the other side, those that are buying have read the article and realize the IFCI might be part of the next group of companies to join the internet bandwagon, where any sort of profit is considered remarkable (MFNX has already made it there). Certainly the fund manager and the article did a good job at portraying IFCI as an internet play. I think there is a lot of internet money out there looking for a new home. I suspect this churn will burn through the remaining sellers before too long. David