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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (964)3/30/1998 5:06:00 PM
From: Mama Bear  Respond to of 2506
 
Hey, FWIW, I'm long a few shares of KKRO tonight. I doubt I'll have the position for very long though.

Barb



To: Mama Bear who wrote (964)3/31/1998 12:15:00 AM
From: Ken Brown  Read Replies (1) | Respond to of 2506
 
I wouldn't be surprised to see it over 5 by tomorrow. But I'm not one to bet against Iacocca. I don't know too much about KKRO, but I've read a few things. It sounds like a good concept, and with Iacocca at the helm, well ... I'd rather be on the long side than short. I think the fundamental problem with KKRO was with management, not the concept. With Iacocca there, the problem is probably gone.

Ken



To: Mama Bear who wrote (964)3/31/1998 6:33:00 PM
From: Q.  Read Replies (4) | Respond to of 2506
 
Barbara, re. <<Koo Koo Roo jumped today on news that Lee Iacocca is taking over as CEO>>

Barbara, are you posting your April Fool's jokes two days early? This one is crazy. What sense does it make for a retired auto executive to take over a chain of California restaurants.

Oh well ... the guy can surely deal effectively with banks, and if that doesn't work, he can go to congress and demand that they bail out the co., just as he did for Chrysler when it was about to go broke. The thought of that is enough to make me go away.