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

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To: michael d kugler who wrote (781)4/22/1997 8:21:00 PM
From: Dick Jaffe   of 2486
 
To Michael & Doug: My broker tells me that one of the negatives she sees in this stock is an outstanding short interest in excess of 10% of the float. Does anyone care to comment on this? Doesn't that usually indicate that substantial interests have a negative opinion of the company's prospects? Anxious to see your response.

Dick
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