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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rick Buskey who wrote (44534)1/2/2001 2:38:36 PM
From: Softechie  Respond to of 57584
 
Buying ICIX here. Shorts squeeze to commence.

Intermedia Comms (ICIX) 8 7/32 +1 1/32 (+14.3%): Continues to run in wake of WCOM announcement last week that it will complete its purchase of ICIX in Q1. Prior to the news there was a heavy short position (was 61.6% of float/short ratio 4.23) but heavy volume on Dec 29 of nearly 10 mln shares and higher than average action today has no likely worked a significant percentage of this position.


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