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Microcap & Penny Stocks : INTERNATIONAL FIBERCOM, INC. (nasdaq - IFCI)

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To: Dick Jaffe who wrote (793)4/22/1997 9:09:00 PM
From: michael d kugler   of 2486
 
Dick,

I'm not so sure a 10% short position is a real problem. A lot of stocks have larger numbers. Still it's a concern. But if there is good news, these guys would have to cover, perhaps providing us with a nice, and maybe tradeable, bounce in the stock.

Remember, when you bought this stock, you thought the guy you bought it from was the biggest fool in the world. The guy who sold it to you thought the same of you. It's what makes a market.
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