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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (5314)	3/21/1998 7:55:00 AM
From: Mama Bear	Read Replies (1) \| Respond to of 18691

DRMD ran up as high as 7 yesterday, closing at 6 27/32 on a CNBC story which was actually a rehash of news that DRMD released 2/23/98. Each time DRMD has run up like this in the past it has pulled back the within trading sessions. 7 has been as high as it's gotten since it fell into it's current trading range in a huge gap down in May '96. At this point, I think this a relatively "safe" short, executed as close to 7 as possible, with a stop just above 7 if the price does break out. Barb