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To: John Leach who wrote (2525)10/30/1997 12:08:00 AM
From: Druss  Respond to of 4339
 
John--I am hitting USADE right now, and underwater doing it.
An interesting thing about it and the reason I am on it is the news. A couple of months ago I shorted on the news about it, which was the 1996 income reports had been completely fouled up and the company was going to have to revise them downward and this would negatively impact 1997. Now the news is not posted. I don't believe that resource providers like Yahoo pulled it for any reasons of their own. My feeling is the company asked them to. I like companys to tell me they are a good short and I feel this one is doing so. If they go higher I will short more.
All the Best
Druss