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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bill Wexler who wrote (6460)11/4/1997 10:27:00 AM
From: Craig Richards  Read Replies (2) of 9285
 
Bill,
Thanks for your comments on VTCH. Besides the new private placement of debt (convertable to stock at $16.5, I think), the thing that really has the potential to hammer this stock is the currency situation in Brazil. If you think there will be more trouble with the Brazilian currency (we've already seen some smoke, will we get a fire?), then this should be a very profitable short.

Craig
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