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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: M. Frank Greiffenstein who wrote (1645)1/20/1999 5:52:00 PM
From: david james  Read Replies (1) of 3541
 
These are not 144s which are filings with an intent to sell. These are S3s which represents registering shares. If there was a buyout, it may be that only registered shares are counted - or could be sold. A lot of these may also represent the recent acquisitions, and would still have some restrictions on when they could be sold.

It looks to me like 3.5 mill shares traded the last two days and we are up 30%. This does not look like anyone is worried.

It was also mentioned on Yahoo that the last full registration of shares was done with an SB-2 (small business) filed back on Feb 3.

The S-3 may just be a requirement of a fully reporting company as it moves into the big leagues and out of the SB filing stage.

edgar-online.com

The SB-2 from last year does seem to have a similar list of owners.

David
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