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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Dale Baker who wrote (91)1/3/1998 4:07:00 PM
From: S Shaw  Read Replies (1) of 18691
 
To those following WDRY:

There is an article in today's Barron's (Jan.5) that takes a look at WDRY and concludes that the EBITDA measuring stick is not an accurate way to look at WDRY. It also seems that one of the shill's for the company underwriting WDRY had predicted they'd be in the black by Mar.98 which the author concluded was now an impossibility.

Scott Shaw
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