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Strategies & Market Trends : Roger's 1998 Short Picks

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To: DLS who wrote (937)1/18/1998 3:51:00 PM
From: Roger A. Babb  Read Replies (2) of 18691
 
DLS, yes HCOM is an example of a floorless convertible. The usual runup just before the convertible is announced and then the inevitable crash. Looks like we were one day late finding HCOM,but it wil likely go on down. Sorry to say I missed this one, it was free money if I had just seen the press release in time. We need to find them in that small window between announcement and crash, usually a couple of weeks.
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