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


To: Greg M. who wrote (9049)5/21/1998 11:40:00 AM
From: sheldon spivak  Respond to of 18691
 
why would the final conversions cause it to go up?
I'd think that it would do the opposite.
Perhaps today's and yesterday's move is related to the
news regarding the storage division. maybe they are about to get rid of it.



To: Greg M. who wrote (9049)5/21/1998 11:45:00 AM
From: Marconi  Respond to of 18691
 
Hello Greg M.:
Momentum crowd could be in back-off already--very hard to say. I am writing calls, buying puts, positioning for Sept - Dec time frame for resolution. Deep pocket investors (Cayman's ?) probably would find shorting wonderful now.
Best regards,
m