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

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To: Daniel Miller who wrote (36239)5/17/1999 10:21:00 AM
From: Anthony@Pacific  Read Replies (2) of 122087
 
Well I disagree The indians would command a much higher price.. The price for the Indians could eclipse the baseball record
of $311 million that News Corp. paid last year for the Los
Angeles Dodgers The Indians, who have appeared in two World Series in the past four years, play in Jacobs Field, whose wealth of luxury
boxes and 308 straight sellouts make it one of the most
profitable stadiums in baseball. In contrast, Dodger Stadium had
no high-priced boxes when News Corp. bought it.
The Indians had $144.6 million in revenue last year, an
increase of 3 percent. The company also has $35 million in debt. Jacobs and his late brother, David, bought the Indians for
$35 million in 1986.

Based on this Info The CLEV stock is not a good short..in contrast it is a very bad short..if it gets bought out and if it doesnt its still undervalued although they may not earn mnoney they are huge cash cows
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