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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis
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To: Q. who wrote (968)3/31/1998 8:05:00 PM
From: Alan Lee  Read Replies (1) of 2506
 
<< What sense does it make for a retired auto executive to take over a chain of California restaurants. >>

According to an article in the LA Times, it's because he has a sizeable investment in it himself, or at least has some association with a group that's heavily invested. Not that that explains why it makes sense, mind you, it only explains why he did it.
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