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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bob Trocchi who wrote (5038)3/16/1998 10:40:00 AM
From: Druss  Read Replies (1) of 18691
 
To All:NKE (Nike) posted job layoffs yesterday.
biz.yahoo.com
So far the market has been muted to this news. (Share price down 11/16 so far today). They also post earnings Friday. The layoffs seem to indicate what the earnings report will be. The 10Q says they are taking a heavy hit from Asia. Might be a good short.
All the Best
Druss
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