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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (1153)	10/1/1998 5:29:00 PM
From: CrazyTrain	Read Replies (1) \| Respond to of 12872

I have never shorted before, but I'm curious... What happens to short positions when a company goes bankrupt?

To: Wayne Rumball who wrote (1153)	10/1/1998 6:30:00 PM
From: musicguy	Read Replies (2) \| Respond to of 12872

Just a quick synopsis: Book value $9.29 52 week high- $19.75 52 week low - 1.96 earnings per share- $1.89 trading today at 1 11/16 on 2 1/2 M shares avg volume 276,000 IMC Mortgage Company is a specialized consumer finance company engaged in purchasing, originating, servicing and selling home equity loans secured primarily by first liens on residential properties. For the six months ended 6/98, total revenues rose from $88.2 million to $181.2 million. Net income rose 60% to $31.4 million. Lots of insider sales though, and 10 times normal volume today, I presume it was gobs of selling..... what do they know that we don't? MG