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


To: FastC6 who wrote (2399)6/6/1999 10:06:00 AM
From: mark garner  Respond to of 3541
 
i think the main thing here is that people
get sick of your spamming this board after
you go short. you have made one concrete
comment about IFCI being at full capacity.
you have pretty much been right. but do you
really need to TRY to scare people by posting
so much after you go short? all for a 1000
share short? i assume that you cant be too
confident with your short if you are only willing
to put down pocket change like that.

i am not sure
what the next qtr will bring. it is possible
you could be right again. but, IMO, this
company will soon be able to achieve real
growth as they are able to get the qualified
personnel to grow without acquisition.



To: FastC6 who wrote (2399)6/6/1999 3:56:00 PM
From: Chris Helton  Respond to of 3541
 
<<Management has not proven that it can run this relatively newly created conglomerate of small companies not only profitably and efficiently but on a pace of growth that one would expect from a company in a "hot sector". The stock price has remained flat because they have not shown they can do it. >>

Have you looked at the yearly earnings progression lately? three years ago this company was losing money, then it earned ~$.12/sh, then it earned $.25/sh, then last year it earned ~$.43/sh. If this year it earns $.52/sh or $.56/sh, using $.12/sh for this next qtr instead of $.14/sh you are so worried about, that's not good growth?
What is? The eps #s listed above are approximate because with all the acquisitions (many poolings), the numbers are restated often. But the parent company of which you have been a shareholder has shown above average growth no matter what precise number you use.
I'm more than a little confused by your train of reasoning. It seems you are bending the facts to suit some other cause. This company has shown good growth and it will continue to do so. The reason the stock has been flat over the last year and 1/2 is due to the extensive use of stock to buy the companies and that stock has been sold continuously. I have looked at this and I don't see a lot of stock coming out anytime soon. (Wally Sapp, the biggest seller is done). The choice of PR firm and payment (paying cash) was made precisely so stock would not be put on the market like John Liviakis's stock was. Recent acquisitions have been made with earnouts instead of restricted stock all granted and available one year from purchase.
I don't think your short case is strong here and I think the facts this week will bear this out. good luck with your short. You are certainly entitled to your opininon but I don't want you to lose too much money. You will make more on the other side this time.