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Strategies & Market Trends : Roger's 1998 Short Picks

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To: CalculatedRisk who wrote (5763)3/30/1998 5:08:00 PM
From: Mama Bear  Read Replies (1) of 18691
 
All: Koo Koo Roo jumped today on news that Lee Iacocca is taking over as CEO. It only made it to 3 7/16 close today, but this might just propel it over 5? Anyone interested in shorting Lee? KKRO was a financial disaster last time I looked. Of course this could be an EGGS type situation. Memories of SOC when "Chainsaw Al" took over make me cautious. It also may never get back over 5 either.

I'm actually long for now, but think it might be a good one if it makes it over 5. I doubt I'll have tonight's position for very long though.

Barb
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