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Technology Stocks : ICGX - Intelcom Group

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To: Sauron who wrote (41)2/26/1998 9:55:00 AM
From: Phil Jacobson  Read Replies (2) of 335
 
>> Take note, this guy at Lehman must be a pretty good contrary indicator. Anyway ICGX reports in the morning. <<

Yeah, I'll second that! Actually I don't like the results much. Would have thought revenue would be higher. Oh well the market knows best - stock's up to 29 7/8. At any rate this company has a much higher than average chance of being bought out this year so I picked up a few Sept. $30 calls this morning instead of going after the common. Less in, more out maybe? I've had this one a couple times in the last five months and made some marginal profits. Eventually it'll pay off.

Phil
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