International FiberCom

(IFCI)

was down 4.3% in late morning after posting fourth-quarter earnings of 1 cent a share, the low end of its guidance of 1 cent to 3 cents. Shares in the communications network company fell sharply in December after a warning.

The company said first-quarter results would be 3 cents to 4 cents per share, below the

First Call/Thomson Financial

estimate of 10 cents.