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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jumper who wrote (5611)9/29/1997 5:45:00 PM
From: Bill Wexler   of 9285
 
Did you notice the "sell on the news" today?

We finally find out why turbochef has been mysteriously climbing over the past week or so.

They've formed a "strategic alliance" with Maytag. Wonderful.

Naturally, once the news was disclosed, the stock was dumped on much higher than average volume. It hit 18 for a moment and then the selloff began, closing below 16.

I only managed to find 200 more shares today to short. It's a tough one to borrow.
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