TECHNOLOGY - Sept. 7, 1995

Incomnet Shares Fall 20%; Company Says It Doesn’t Know Why: The action comes days after the Woodland Hills-based data communications company revealed that its chairman had been maintaining a fund to shield the company’s stock prices from short sales. Incomnet Inc. stock closed at $9.5625, down $2.3125 from Tuesday. Almost 2.22 million shares traded, about six times the daily average of the last three months. The stock has fallen from $15.375 last Thursday. In a statement, Incomnet said it saw no reason for the stock activity. Last Friday, Incomnet Chairman Sam Schwartz disclosed that he had set up a brokerage account through Kaliber Management Corp., a company he controls, that bought and sold Incomnet stock to defend its share price from short sellers.