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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: stockycd who wrote (2121)4/6/1999 12:49:00 AM
From: Shane M  Read Replies (1) of 3541
 
2. I have a feeling a big ex-insider is shedding a large position

You're correct here. Apparently an insider at one of the operations that IFCI bought out is retiring and selling a large stake. The overhang was mentioned in the CC but they expected the selling to be about over from this person (sorry can't remember the name). If you go to the Insider Trader you can see the magnitude of the recent selling.

Shane
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