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


To: Ausdauer who wrote (2055)3/26/1999 9:34:00 PM
From: Shane M  Read Replies (1) | Respond to of 3541
 
Ausdauer and David James,

Thanks for the comments. I've been mulling this one over and am leaning more and more towards opening a position. While there are question marks, the price of the probably discounts most of the confusion. Rapid growth, and the overall trend (I didn't miss the comment about being able to selectively pick longer term contracts) are in the cos favor. I guess I should give the company some room for sloppiness given the explosive growth and rate of acquisition.

BTW, I agree with the comment of someone else who posted: Another reason for the low stock price could be due to overhang in shares being sold by a retiring insider. (IFCI bought out the person's company for stock.)

Again, appreciate the comments. May place a small order next week.

Shane