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

To: FastC6 who wrote (2217)	4/30/1999 1:06:00 PM
From: Starfish*	Read Replies (1) \| Respond to of 3541

>>I put forth a challenge to anyone here to try to decipher through the numbers to see if the acquisitions have all truly been accretive.....my bet is that they have not.<< You are right about it being tough to decipher the report, if not just by the nature and the amount of these acquisitions. I doubt if the company knows itself for sure what is accretive, other than the profit that the acquisitions at the time of the buyout. Integrating the acquired business has a cost that is difficult to measure in the beginning. One thing we do know for sure is that there is a growing list of restricted shares that will be dilutive after the lockup period, the sellers want their profit, and at the present share price of IFCI, it will be a heavy weight, unless we get positive coverage by a major player, and that may only provide support for new sellers as their share restrictions are lifted. I don't see any buyout of IFCI until the suitor can decipher the numbers in a positive way. I'm short term bearish on IFCI again, at least not counting on any upside surprises, too much dilution at such a low share price right now. *< ><<