Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.820

+5.2%

Nov 12 3:58 PM EST

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To: Dale Baker who wrote (421)	3/26/1999 1:31:00 PM
From: Druss	Read Replies (1) of 10293

Dale--<<Discount convertible financing is always nice leverage on the short side. Sooner or later it extracts a terrible toll on stocks.>> My experience is the stocks often rise before the convertible comes due. I think it is the holders pushing it up for good short entries. RACE is popping today on no news. I am eyeballing that one. The MM's really support it I have noticed. All to frequently I am seeing a bid/ask set higher than the last trade. All the Best Druss

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