ICGX - Intelcom Group Message Board

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Technology Stocks : ICGX - Intelcom Group

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To: Mark Sherry who wrote (98)	5/1/1998 11:26:00 PM
From: CuttotheCore	Read Replies (1) of 335

The action in this stock today was unreal, 137+, after the am earnings report, then a collapse to close at 133. I guess it was the shorts covering, or failed hedge fund strategies. Anyway, I bought this one a little too early. However, I owned netcom and they have been losing money big for a long time. What they always seemed to have going was potential, which lends itself to this clec concept. They have apparently cut the losses, but not enough. I do know that netcom rallied nicely right after I sold (loss), and then got bought. I wasn't looking for another investment but it would look like I got one. All fwiw. stx79

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