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Strategies & Market Trends : The Dead Cat Bounce Theory

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To: TT who wrote (1635)6/20/1997 10:54:00 AM
From: James F. Hopkins   of 1836
 
TT ADBE is climbing just took 20 AEQGI at 5/16, and 10 AEQAK at 1-5/16
she may double bottom, but Dividend pressure will hit the shorts
in July..ADBE got special Dividend coming one share of NeTscape
for each 100 ADBE..the shorts have to pay the dividend to the
owners of borrowed stock, they will try to close positions prior
to dividend date..that should pop ADBE up real good.
Jim
I hope as I also bought a few shares too. <G>
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