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Strategies & Market Trends : Position Trading Forum

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To: Tim Luke who wrote (150)8/11/1998 1:27:00 AM
From: DJRoss   of 7247
 
Tim, I took a look at yesterdays losers, and the only decent volume was in Sunbeam (SOC). This Stock is down from over 50 bucks to just above 5 over the space of a year.

Looks a bit sour on Bookkeeping fraud(case pending), but entire Board was kicked out. SOC claims liquidity. They have 300million in cash.

May be a play as time fades the class action.

Dug

Jumped into MDCO @ 11 7/8
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