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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (8270)12/13/1997 12:27:00 AM
From: Hank  Read Replies (1) of 9285
 
Here's a daring short for those so inclined around the end of Jan.---BMY Why? Well, the first round of employee stock options comes to maturity in Feb. It stands to reason that the market will be in a ponderous position by then and many BMY employee's will bail. You may not get more than a few pts but for those with the capital to short it, it is an almost sure fire short term winner. Of course, market conditions must continue to be bad for it to work.

Hank
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