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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (36191)5/17/1999 12:02:00 AM
From: Daniel Miller  Read Replies (4) of 122087
 
Anthony,

Here is a stock which I think you may enjoy shorting. CLEV Cleveland Indian.

They are reporting a book value of -1.01 and 4 mil. float. It is the only baseball team to be traded publicly, I believe.

They are trading at about 17. I don't think that it should be up there. They are, however, number one in the central division.

There was a rumor of a buyout a few days ago and that is why it shot up. If false it could fall hard. IMO.

Check it out.

Goodluck,
Dan
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