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Non-Tech : Cable & Company (CCWW)

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To: Amir Feinsilber who wrote (25)10/20/1997 12:20:00 PM
From: Czecho   of 157
 
I guess the glow is off the pumpkin, so to speak. Still the fact that the stock moved up on rumours of good store sales shows that there is indeed hope. The shorts in this thing really had to be holding their collective breaths on Friday, and it looks as if they are back in control...for now. Friday's price action had to introduce them to the "fear of god" (or is it feer of shoes?) factor. Probably some of the vol on Friday was from some of the shorts bailing. Hopefull, the rest get slaughtered later on.

"Praise be shoes and ties"

RK
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