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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI) -- Ignore unavailable to you. Want to Upgrade?

To: Satch77 who wrote (1719)	1/30/1999 11:49:00 AM
From: Starfish*	Respond to of 3541

One thing I have learned from buying a company that makes several aquistions of private companies in a short period of time, and payment with mostly stock, the sellers don't want their money all tied up in one company. Sure there was initial selling restriction, but the time on those restriction runs out, and you certainly can't blame the sellers for wanting to get paid. Small Caps did not take off as anticipated, with a few exceptions. Most of IRA and 401K money is going into mid and large cap stocks, and there is a lot of it! Institutions cannot buy many shares of a small cap without affecting the share price a tremendous amount. I still think it will change, but maybe not soon. More individual online investors may be the key. IMHO *< ><

To: Satch77 who wrote (1719)	1/30/1999 9:34:00 PM
From: david james	Respond to of 3541

I actually wonder whether the timing of this article is coincidence. Institutions have been accumulating this stock for the last 9 months. Ownership went from about 300,000 first quarter 98, to over 4 mill shares by the end of the third quarter, and we are waiting to here about 4th quarter (info out in the next couple weeks). Despite all that, the stock has gone nowhere and shaken the confidence of a lot of those longs - and probably many of those holding a lot of the shares shown in the S-3. After an S-3 is filed the filers can start selling in something like 30 to 45 days. I'm just wondering whether some of the big institutions (e.g., Sirach) have been waiting for this period which they probably knew was coming. They get a bunch of cheap shares ($8) before finally letting this thing run. It did look like it was the institutions buying up shares at the bid that accounted for a lot of the volume on Friday. David