SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Druss who wrote (7461)8/29/2000 1:54:11 PM
From: Bill Wexler  Read Replies (1) | Respond to of 10293
 
If you want a good short...take a look at EDSN. They take over public schools and run them as private institutions. The company is bleeding money and they have to come up with "fantasy accounting" gimmicks to appease investors.

An article was published in last weeks San Francisco Bay Guardian detailing how a charitable foundation set up by the chairman of the Gap Inc. has donated money to certain public schools which coincidentally are then taken over by Edison. Coincidentally, this foundation also happens to own a mess of cheap warrants for Edison stock.

EDSN is a hard borrow and it's very squeezable...but if you can ride it out you'll make a lot of money.