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Strategies & Market Trends : The picks
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To: p. webster who wrote (3991)2/5/1997 10:30:00 PM
From: B.BROOM   of 6124
 
Re: risky picks
P. Webster, I appreciate your input on this thread. Watched MFN all day on real-time, from 2:30 to 3:30 alot of buying at 2.75 over 3 million shares; 3:30 to 4:00 profit taking came back to 2.50, should go over 3.00 tommorrow. I'm guessing if they don't borrow the 50-100 mil. tommorrow to cover their butts they should get extension. Unless I misread it people owes them over 1 billion in payments. What do you think would be a re-entry point on CAWS? B.Broom
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