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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bob Trocchi who wrote (5507)9/26/1997 2:36:00 PM
From: K.J.Devine   of 9285
 
ADV not a takeover Target, may be a SEC Target

Over ripe and ready for a big fall ADV Advest. Stock price has risen
two fold over it's low of $9.00 per share. All major banks and brokerages have by
passed this company for a takeover target. The reason isAdvest has minimal assets and
the majority of them are held in it's Bank and Trust Company. The only buying has
been from Advest brokers and their customers. Watch this stock take a tumble by
year-end. They are not a takeover target.
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