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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: BANCHEE who wrote (9387)	7/10/1999 11:37:00 PM
From: Rande Is	Respond to of 57584

Yes, looking around the net. . .it gets clear what the consensus is. . . .now that we know for a fact that there are NO floorless convertibles left on BDE, there is no logical reason to short it. And everyone seems to be talking about that Auction Channel deal . . and the numerous agreements with major companies that BDE has. . . .and all that press they seem to be getting these days. . . 3 or 4 months ago, they had zero news. Definitely momentum building past few weeks with the press. . . one good piece in a magazine or paper and we could attract some heavyweights. I do feel sorry for all those that misunderstood the debenture deal and are now holding short. I would imagine they will be running from short group to short group, trying to solicit some suckers to short with them so they can cover. Now THAT is what I call a "hypeist." And this is why we always play the "safe" side of the risky stocks. Rande Is