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Pastimes : How to best deal with KOOKS at this web site
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To: Iceberg who wrote (962)7/25/1997 2:27:00 PM
From: Bill Ulrich   of 1894
 
Hi Ice, your short might be a good idea...

Their ROE is at a high enough level (50%) to
induce competitors into their market. A lot of
figures I've seen suggest that 15% - 18% is good
profitability measure, but not quite interesting
enough to get everybody's brother into the same
business as a competitor.

And you're right, they've had a pretty strong run-up
over the past several days...could be a good play
on your part...good luck.

-MrB
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