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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (7830)11/15/1997 8:49:00 AM
From: Pancho Villa  Respond to of 13949
 
Bill>>In UFEM's case - probably a good bet.<<

It is amazing to actually find several posts saying that it is a good oprtunity at only 3 bucks + so what can you loose? well let me see, 1 million shares times 31/2 is 3.5 million bucks! There was some BS regarding a deal with Kmart (Wallmart? I don't think the Wallmart people would be so stupid but after all the old man is gone). What do you think about the deal?

Pancho

PS: I have no experience with shorting low price stocks and watch them go to $0 any thing I should keep in mind regarding logistics of covering. Also, I have to check but I understand short interest is like at 16 days worht of trading volume. Is this a factor to consider?