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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (4982)8/28/1997 2:57:00 AM
From: Deen I   of 9285
 
Roger:

Re: Hudson Foods (HFI).

I was tempted to short HFI when I heard about the recall and E-coli scare couple of weeks ago. But, then I found out that their revenue from Beef production is close to 10% and apparently not profitable. The analyst's report I read said that their bulk of the profit comes from chicken and pork. I also heard some thing similar in one of the financial TV programs. I think that the street may be taking this as a positive for HFI thus the stock price increase.

Hope this helps.
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