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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: LTK007 who wrote (2324)5/23/1999 4:11:00 AM
From: Charly  Read Replies (1) of 3541
 
With "this" I just mean that it will be some very significant.
This Friday was the most untypical move of the stock I have
ever seen in 3 years. Normally we get such volume on momentum
before earnings. This is not the case here, also some people
think that IFCI take advantage of the ANLK/TANDY merger
respectively a sector move. This is also very hard to believe
for me. So what could it be ?

- strong rumors are that T will takeover IFCI.
That would mean 14 $ next week, however I would like to see
this company to stay independent, we will get there anyway it's
only a question of (few) months

- Others like a big order (Volume 50-100 Mio $)

- Oppenheimer definitely looked at IFCI financials, a strong buy
from here would be wonderful

One of 3 things will hit the market soon (T/Oppenheimer may
replaced with another good name).

My buddies ask for the best buying strategy on Monday morning.
Good question, I don't know. If you are willing to hold long
you can place a market order. My guess is you that you will not get
it below Fridays close over the whole day and we will close above
8 $. The risk to miss the hopefully biggest IFCI party is tremendous..........

See you tomorrow morning.

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