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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Bill Wexler who wrote (2592)9/10/1998 9:21:00 PM
From: Hank  Read Replies (1) of 4634
 
Damn Bill, you always come out smelling like a rose even when you're not sure you've done the right thing. I think this purchase is likely to be less significant than the press release would like you to believe. If this is so great, why have insiders been dumping this stock at a time when insiders have generally been buying in the market at large? I still see a lot of selling here. That's not to say that it won't go a pt or two more but my gut feeling is that it's time to short even more. I'll be interested to hear your assessment of the deal.
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