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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: TRIIBoy who wrote (11057)7/22/1999 12:46:00 AM
From: Augustus Gloop  Read Replies (1) of 18998
 
<<I would be very, very scared if I was a long and had to wait while Net2Phone was on hold, and all I got was excuses. First it was definitely by mid-July, now we will be lucky if it is by the end of July.>>

I'd have to agree at this point and say you should either buy tons of august puts or just do a big fat short here. There could be huge downside now.

The Pre IPO run looks to be weak and over! Not even news can give this pig wings it seems.
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