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Non-Tech : Bill Wexler's Dog Pound
REFR 1.670+6.4%1:08 PM EST

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To: lindend who wrote (2933)8/10/1999 11:12:00 AM
From: Marconi  Read Replies (1) of 10293
 
Hello Linden deCarmo: BFT

I am watching for a TA sell signal to look for skinning about 10% on this one to box and age a short position. I want to see the MACD peak and start to subside to do this.

I also have a sense that if the discretionary accounting profits reported will be forced to be scrutinized at some point considering the negative cash flow. There may be a massive charge at some point due to a change in accounting assumptions. With that in the cards, at some point, a short position should pay off much more handsomely.

Please let us know if and when you take a position and why.
Best regards,
m
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