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Strategies & Market Trends : SEEKING THE NEXT BORLAND

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To: Marco Polo who wrote (6)11/15/1996 3:12:00 PM
From:    of 26
 
Any of you folks looked at Copytele (COPY)? I've been short this
for almost three years, and finally the hype that's kept investors
snoozing is becoming reality that will jolt investors awake. The
company is soon to spend millions to produce a flat-screen
telecommunications unit based on their proprietary display, and
will sell the thing through a showroom in New Jersey. They've been in
business fifteen years and have never manufactured or sold anything
before. Book value is around .50, all cash. I reckon there are
about a hundred competing products, from Newtons to the Baby Bell
fax telephones. After they squander the money and fail with the product,
the stock goes to cash... maybe 3/8... You will thank me for this.
The stock is manipulated by market makers, so DON'T BUY PUTS or you
will surely lose money. Short the stock and buy calls. Or short
the stock and sell puts. Option symbol KPQ.

There are lots of GREAT shorts out there... Insider sales regulations
to become more liberal in January, I hear. Recent "concept" IPO's are gonna burn bad in 1997.

Let's hear some more great ideas on this thread.

P Drescher
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