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Strategies & Market Trends : Z PORTFOLIO
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To: Larry S. who wrote (1502)3/23/1998 10:31:00 AM
From: DanZ   of 11568
 
Ztrade - IOM.

We sold 6000 IOM at 7 1/16. As posted over the weekend, IOM is a broken stock and no longer meets the criteria that we set forth for the Z portfolio. I think the stock will eventually come back and long term investors should do okay with it.

I ate the loss in my personal account as well. Would rather use the money elsewhere.

Dan
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