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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Baghul who wrote (13126)8/25/1998 11:33:00 PM
From: Mama Bear  Read Replies (1) of 18691
 
Baghul, Datek requires a bid of 5 before they'll even take the order. There were only 5200 shares traded at 5, all on the ask. Close, but no cigar. I liked the explanation that the run up was caused by anticipation of hurricane Bonnie's landfall. The hope is that CFON HQ would be wiped out and insurance proceeds would fall through to the shareholders. <g> CFON is in NC, if you weren't aware.

Barb
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