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

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To: FARcom who wrote (4645)11/17/1998 2:54:00 PM
From: Bob Trocchi  Read Replies (1) of 18998
 
FP...

>>Is anyone shorting it and from where did you start if you don't mind sharing?<<

I sorted this one at 11 1/2 and then watched it skyrocket to mid 30's. I was so convinced that this is a bad stock I did not cover and did not plan to unless something substantial happened to change my opinion. Essentially banner ads on Playboy and MSN sites was not substantial.

My biggest mistake was not to short more but I try to have some discipline and sometimes this is good and this time it was not good. Nonetheless, the fundamentals stink and I am very confident that I will make money off this short before long. Perhaps time to short more.

Today's news certainly is not positive for them.

Good Luck

Bob T.
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