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Non-Tech : Cannondale Corp. (BIKE) -- Ignore unavailable to you. Want to Upgrade?

To: Daniel who wrote (40)	1/6/1998 4:31:00 PM
From: Fredric D. Bellamy	Read Replies (1) \| Respond to of 103

I haven't seen any news since the corporation announced its "shareholders' rights plan," so I really don't have any clues to the recent price moves. One guess, however, would be that they merely reflect year-end tax-loss selling and some short covering, pulling in opposite directions, of course. The last time I checked the short position was over 1 million shares, which strikes me as high given the average daily volume for BIKE. In any event, there is a student-prepared analysis of BIKE's stock price and investment potential posted (in *.pdf format) on the Parker Center's web site. Here is a link: parkercenter.gsm.cornell.edu I would be interested in any BIKE followers' reactions to this analysis. Thanks.