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Technology Stocks : Zenith - One and Only -- Ignore unavailable to you. Want to Upgrade?


To: pennyO who wrote (4378)2/6/1998 10:09:00 AM
From: Scott Lerner  Read Replies (1) | Respond to of 6570
 
Good intuition. I believe that it is a "sport" to some. I also believe that some shorts are trying to intimidate in order to gradually cover. Some may actually think that either LG will rape ZE or ZE will file chapter 11. Others may feel that the earnings will be horrid this quarter and they will cover during any long side selling at that time. Whatever the case, there is something really wrong here since the potential seems to be far greater than the risk. Regarding the interest; the rate probably is under 8% for a big player.

BTW, they still won't cover even with the new credit line. Go figure.

Scott