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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (5465)9/19/1997 3:31:00 PM
From: nonzeroa   of 9285
 
Roger, et al, CIG up 1 3/4 on short squeeze. Although the stock is not expensive, its competitor MPP, General Cigar, is much cheaper. Marty Zwieg also recently reduced his stake in CIG. I find cigars becoming passe here in California, although they will probably stay trendy in much of the US and CIG will continue with good revs and earnings for another couple of quarters. Probably a good short long term and a potential short term trade to go to 35 Monday or Tuesday.
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