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Strategies & Market Trends : Rande Is . . . HOME

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To: Trumptown who wrote (9431)	7/12/1999 12:09:00 PM
From: Rande Is	Read Replies (3) of 57584

Sting-Ray. . .this is the same as a dozen times before on BDE. . .we sit there for hours and chew through the ask. . .then once we get through it, and start moving north again we start getting the volume and its off to the races. I bought quite a bit of long-term last week under 5, but am waiting to see 6 3/16 to start placing any near-term orders today. Looks like word has not spread yet that there are NO convertible debentures left and according to company, they were all converted almost immediately. . . and there can be no "death-spiral" due to no remaining convertibles. I do feel sort of bad for those that shorted at 5. <g> Rande Is

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