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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI)
IFCI 0.06000.0%Jun 7 5:00 PM EST

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To: advinfo who wrote (2440)6/16/1999 11:03:00 AM
From: david james  Read Replies (1) of 3541
 
We have several of the regular MMs lined up on the ask at 8 1/4 - need to break through that. However the two on the bid are FMSC (First Montauk) and SLKC (Spear Leeds and Kellogg) and they appear to be picking up a good deal of shares.

First Montauk started buying shares for the first time last month and I am pretty confident that they are representing institutional purchases (the majority of their trades are in blocks over 10k).

We also have a new MM just off the bid - Needham and Company (NEED) which appear to be picking up some shares.

Here is last month's MM activity.

nasdaqtrader.com

dave

p.s. just looked down the list of those off the bid - I see CIBC - hmmm
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