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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Ploni who wrote (8823)5/15/1998 1:48:00 PM
From: taxikid  Read Replies (1) of 18691
 
sinceyou asked, charles,
wdry's continued flight is due to the fact that they are earning, and instead of letting their cash sit, they are buying more and more money generating businesses, that seem to be synergistic with their present operation. They may borrow against the earnings, or borrow more than they bring in... but the cash flow is unimpeded unless we have a great return to the days of the unwashed hippie.
avnt.. to quote the travelling wilburys, "in jersey everything's legal, as long as ya don't get caught."
taxi
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