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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: mishedlo who wrote (6541)7/17/2002 12:40:52 AM
From: Michail Shadkin  Read Replies (3) of 6873
 
Mishedlo >>> today Shorted LVLT at $5.38
1.82% of my total portfolio

This is a huge pos and most likely a GTZ in my opinion.

Including the recent infusion from Buffet and friends of 500 million, that gives then 4.42 in cash
6.5 billion in debt , which is 16.45 per share

June02 estimate is -.84
Sep02 estimate is -.85
2002 estimate is -3.10
2003 estimate is -3.15

They have enough cash to last them 4-5 quarters.
Then what happens???????
Looking for slow retrace back to mid 3s.
Starting very small and will allocate very well as usual.

Happy Trading
Michail
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