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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (3091)9/18/1998 11:49:00 AM
From: Mama Bear  Read Replies (5) of 18998
 
Mr. Pink, it looks like HEB is the newest stock to draw attention because of Asensio. The CEO (Carter) has blamed him for the downfall, and accused him of all the standard evils including naked short selling.
From Herb G's column today:

"Carter: "[Asensio] knows nothing about the drug industry at all. He doesn't understand treatment protocol and is attacking the stock purely on the basis of the pure quantitative performance it has had in the past several months. That's the sole basis on which this company came up on his radar screen. We've never had a call from him or an analyst from his firm....He sounds like a desperate short-seller who has seen the light of day." "

thestreet.com

I took a small short position at 8 9/16.

Barb
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