PPD (Pre-paid Legal Services) on the move Message Board

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Non-Tech : PPD (Pre-paid Legal Services) on the move

PPD 47.28

0.0%

Dec 8 4:00 PM EST

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To: robert read who wrote (740)	9/25/1999 11:19:00 PM
From: Bob Rudd	Read Replies (1) of 801

rr Good points all...this could be dangerous stock to short not only due to squeeze potential, but IMO the 'True believer' quality of holders. Fuzzy accounting is no news here. No modestly sophisticated investor is going to be shocked that they use aggressive accounting and sell. Some posts indicate an enhanced web strategy...this has also been known to send shares soaring well beyond their modest business prospects. Compared to most net stocks, this is a bargain. I'm not long this because I agree with all Mike said about the numbers, but I wouldn't short it either...the risk reward doesn't justify it at this time. Now if it took a huge bounce... Be well, bob

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