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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Druss who wrote (9261)2/3/1998 1:36:00 AM
From: Dale Baker  Read Replies (1) of 9285
 
IAIC - supposed to zoom yesterday after the Barrons story, the Soros investment and....oh wow....another Emerald investment conference presentation.

What happens? NASDAQ zooms and IAIC drops 3/4 on virtually zero volume. Must be those stealth investors we can't see.

By March 1, IAIC faces 20% dilution from folks who bought at a private placement discount. I'm short at 16 3/4 and holding.
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