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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Lazlo Pierce who wrote (3650)2/26/1998 7:01:00 PM
From: oexwa  Read Replies (1) of 18691
 
Dave, Re: UNP - Charles S. Stein mentioned this one at year-end. He suggested their problems would be worse than expected, but he was hesitant to short it because he would have to pay the dividend. That worry has somewhat diminished since they cut their dividend by more than 50% today. I was looking at it since a big Union Pacific customer told me that he was really having problems with deliveries, but I fell into the "would'a, should'a, could'a" camp. Would have been a nice play.
Bob
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