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

To: Charly who wrote (2341)	5/30/1999 2:13:00 PM
From: david james	Respond to of 3541

Charly, I've seen Level II only a couple times, and it showed the usual group of Market Makers. The only difference may be that NFSC has become more active (a buyer for a wide variety of institutions including Fidelity). Also for the last several days someone has been shopping around for quite a number of blocks in the range of 20k to 100k. That dried up after the initial morning interest on Friday, but it could just be that they went home for the long weekend. You can track this in the following link if you put in IFCI. Almost all of the block interest has been on the buy side and the institutional volume has represented something like 30% to 50% of the total, according to this site. thomsoninvest.net I think they can make the estimates I see out there. earnings.nasdaq-amex.com However, what may be important is that other stocks in this sector appear to be moving after the ALNK buyout so we could simply be getting a major move by institutions into this sector in search of relative value. Its been great to see a move on no news. Their presentation at the Oppenheimer Conference in two weeks should give them some much needed publicity, and it wouldn't surprise me at all if the buying was coming from Oppenheimer related institutions. There has also been several mentions that new coverage is imminent, and I am hoping that this will turn out to be Oppenheimer. Dave