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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: SteveJerseyShore who wrote (11325)	8/26/1999 1:46:00 PM
From: RockyBalboa	Respond to of 18998

Just remember Mall & Ubid. What did I learn from that. Cover early. buy dips. Especially when the underwriter and instututional buyers want to see better prices first. Do you really think short sellers do not react when the market is rife for a turnaround? I know only few who hold a position in a static way (and that are very different stocks). Even Mr P$nk repeatedly said that...he may cover or sell without previous announcement. Today IDTC is in the red again, mostly for NTOP hedging reasons. The discount looms but there is not much to arbitrate. Without NTOP at $80+ you would have never seen IDTC at $30 again. IDTC at $30 with NTOP that high.... tells a lot about the residual value of IDTC stub. Implied negative... that is. Indeed, very interesting situation that IDTC is $-1 when NTOP is belly up. THanks for the heads up.