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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis

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To: Q. who wrote (1939)	10/21/1998 7:51:00 PM
From: Harpo	Read Replies (1) of 2506

Hi John, re: tax loss selling It's obviously not a broken down stock but I've been looking at Outdoor Systems (OSI, nyse) the billboard co. 33% off it's july 98 high P/E is 132 5X book by no means in trouble, but has quite a lot of debt. Institutions own 76%, according to marketguide, I'd link the whole report, but I couldn't figure out how. IBD EPS rating is 51 Earnings were out yesterday, they met estimates, but barely. I'm a little baffled as to why the thing is so expensive, it seems like an ok company and all, but sheesh! (I borrowed a very few shares today) regards, bb

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