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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: Findit who wrote (103923)1/9/2004 2:55:04 PM
From: Bob  Read Replies (3) | Respond to of 208838
 
I go to pull up SEC docs on IGII and get this:?????????

biz.yahoo.com

Optical Concepts of America, Inc. was originally incorporated on June 18, 1996, under the laws of the State of Florida under the name Celebrity Steakhouses, Inc. The Company changed its corporate name to Deerfield Financial Services, Inc. effective October 28, 1996. On January 31, 1998, Deerfield acquired all of the outstanding stock of Optical Concepts of America, Inc., a Delaware corporation, which was formed on April 30, 1996, under a Stock Purchase Agreement in exchange for 750,000 shares of common stock of Deerfield. Prior to the acquisition, the Company had not commenced any active business operations. The Company adopted its current corporate name of Optical Concepts of America, Inc. on July 6, 1998. The description of business development under this subheading relates to the former business operations of Optical Concepts from January 1998 until it ceased such business operations at the end of 2000. Optical Concepts is sometimes referred to as the Company or "CO", and its current business activities is to seek new business opportunities, which is described under subheading "New Business of the Company".



To: Findit who wrote (103923)1/9/2004 3:34:17 PM
From: Mike C2  Read Replies (2) | Respond to of 208838
 
ZHNE : Shorted against box

My first trading short
Simply a recovery strategy
Am in the red on last trade after 5 profitable trades in TELM last Sept Oct & November
Stock has not had any downdrafts since it bottomed on 12/17
Short term stochastics have been in overbought territory since 12/30.
Would feel ill if my recovery slipped....
Stock could not get past 6.02 and buying volume seems to be ebbing
So...have shorted against my long position at 5.90
Will cover after the correction I expect runs it's course

mike

FD Long & short against the long