RAINFOREST CAFE Message Board

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Non-Tech : RAINFOREST CAFE

RAIN 6.190

-1.1%

Dec 12 9:30 AM EST

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To: John Carragher who wrote (3908)	1/24/1998 2:03:00 PM
From: Richard Phillips	Read Replies (1) of 4704

John: I'm sure that there are a few, but with all the Holding by Inst. We indivual stockholders are out numbered. I found the following information on Shorting RAIN: ÿBy Unknown: RAIN seems like it took a pretty heavy hit - maybe too heavy. BUT since the news right now is all based around a negative class-action lawsuit, I don't see this stock bouncing until is busts through 10. The problem is, most stocks that are oversold in panic will usually be bought back at discounted prices within the following two days - this does not look to be the case with RAIN.. If I HAD to make a trade on RAIN I would short it here down to 10, cover, then see what the news is saying and be ready to buy again.ÿ Not an offer to buy or sell RAIN; Just ole pops opinion. I plan to buy more in the $10 range. RP (pops)><> JohnDeere Country

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