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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (2819)6/15/1999 9:04:00 PM
From: Ron McKinnon  Read Replies (2) | Respond to of 11568
 
Sue FEET

the only reason I went in is I did a liquidation analysis
think there are enough assets to give the lender plenty of security to restructure the loan covenants albeit with fees and a higher interest rate I'm sure

most lenders do not want either a liquidation or an XI if it can be avoided
I went through way too many of those in my banking days, not fun

I don't think it is a CAND but I've been wrong many times before; time will tell

having said that if I can scalp say 1/2 I'll TTMARLH

being CUSTless feels weird; need to find another pig-with-wings

keep an eye on ATHY FCST LAUN TJOB; one or more may pay off when the margin devils get finished; plus they have been super for 1-2 day scalps lately

also playing around with ATHM CMGI EBAY NITE PCLN

shorts: ANCR SEAC TERN

a few others

I love this market right now but there is a lot of minute to second stress in it