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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (2091)	5/8/1998 2:51:00 PM
From: Bucky Katt	Respond to of 25711

Usually in a BK, preferred stock holders are the only ones to get anything. Common holders get the pipe.

To: Joe Copia who wrote (2091)	5/8/1998 3:13:00 PM
From: Bucky Katt	Respond to of 25711

JC--Of interest>> INTERVIEW - Icahn cautious in overvalued market NEW YORK, May 8 (Reuters) - U.S. financier Carl Icahn said Friday he had become a cautious investor amidst the longest stock market run in history, keeping a lot of cash on hand with some investments in sectors such as oil and tobacco. ''I'm very cautious about this market,'' he said. ''I'm in certain stocks, but basically I'm extremely cautious and have a great deal of cash around.'' Icahn said the market was overvalued. ''But that doesn't mean that it'll go down,'' he said. ''There is a sort of euphoria going on -- and how long that lasts is anybody's guess.'' Stocks have been charging into record territory, as one of the strongest economies in U.S. history has bolstered investor confidence and brought billions of dollars into the market. Icahn said he still saw some sectors as attractive places to invest. ''Some of the small oil companies I think are cheap,'' he said. ''I happened to think that tobaccos are cheap. ''I like to go against the trend,'' he said. ''The best time to buy is in the storm. I like to buy when the storm is out there and the rain clouds are gathering and the winds are howling: So I own the tobacco stocks.'' Oil companies have been reporting poor earnings in recent quarters amid low oil and gas prices on the world market. CODE anyone? I see they shook some shares at 29/32, then it went back up. Interesting.

To: Joe Copia who wrote (2091)	5/8/1998 3:44:00 PM
From: Brad Morris	Read Replies (1) \| Respond to of 25711

*** HEY JOE*** I was looking at all your picks and only have a little money. Which one of your stocks do you think will do the best? Thanks

To: Joe Copia who wrote (2091)	5/8/1998 4:01:00 PM
From: Jerry S.	Respond to of 25711

TGSK - looks like short covering near close Investors have discovered a band of MMs on this one that are in Jersey City and most are in the same building! May have been working in collusion to yo-yo price and short the hell out of it over last month. A reputable MM arrived on scene yesterday, supporting the price and now we believe the shorts are running. TGSK currently priced at: p/e of 4; 3 x BV; .5 x sales UNDERVALUED! Looking forward to next week

To: Joe Copia who wrote (2091)	5/8/1998 7:11:00 PM
From: SellShort	Respond to of 25711

Hey Joe..So what do got your eye on for the up and coming week SellShort

To: Joe Copia who wrote (2091)	5/9/1998 1:38:00 PM
From: SellShort	Read Replies (1) \| Respond to of 25711

Joe ..might have missed one.Check out MCYX SellShort