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Strategies & Market Trends : Shorts waiting to happen

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To: Jim H who wrote (777)7/3/1997 11:17:00 PM
From: Charles P. Hubbard   of 852
 
Jim
I am short SEBL at 34, so I am slightly out of the money. However, the multiples are in the stratosphere and IMHO any correction in the near future will take this one down considerably for a nice profit. May not happen right away, but I am patient and think that the eventual drop is unavoidable.
Charles
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