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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (9113)7/6/1999 3:41:00 PM
From: david james  Read Replies (1) of 57584
 
It took me three readings of BDE's S-3 to realize that there are less than $250,000 in debentures remaining. I wonder how many shorted and sold today because they thought that $6 mill credit line was already in the form of a debenture.

The 7 investors which purchased over 2 mill shares of BDE came in 'after' that line of credit was announced, so BDE may never need to draw on that.

Wish I was around to buy under 5 today. This one is going to be quite interesting to watch over the next 6 months.

David
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