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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: LakesideTrader who wrote (44469)5/23/1999 4:36:00 PM
From: BoneYardDog  Read Replies (1) | Respond to of 90042
 
IFIC

For what it is worth, this spike looks awful similar to previous spikes. Look at mid Jan and beginning of Feb for example. Couldn't sustain and fell right back down.

txdenis



To: LakesideTrader who wrote (44469)5/23/1999 11:26:00 PM
From: Neil H  Respond to of 90042
 
Trisha

Re IFCI

First I don't follow it so I have limited knowledge.

Good - Volume was 6 times normal on Friday. PE 13 is priced reasonably; booming industry; rumours of either buyout or big contract. Worth watching

bad - This stock hasn't done anything in 1 1/2 years. Just fluctuated between 6 and 9.

Maybe Tim can dig up some buyout news. One post reference T but I am sure it is just speculation.

Neil


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