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Strategies & Market Trends : Roger's 1997 Short Picks

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To: McNabb Brothers who wrote (3755)7/16/1997 11:36:00 AM
From: chester lee   of 9285
 
McNabb Brothers,

The last time we exchanged messages was on BAANF. You guys and I were short the BAANF on the theory that it is way overvalued. It's currently has a $7 billion market cap on $434 million in sales an $43 million in earnings. Earnings are due the 19th. I shorted at $49 and now I'm really nervous. WHat are your thoughts on this one.

Chester
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