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To: Sherwin Reiff who wrote (3544)	6/13/1998 4:05:00 PM
From: Frodo Baxter	Read Replies (1) \| Respond to of 5058

>Couldn't you just sell a few thousand shares short at $6.75 first thing Monday? Then when it hits $2.50, you'll have 170% more money to buy your "long" shares with. Are you planning on doing this? Get your math right. You can't make more than 100% on a short.

To: Sherwin Reiff who wrote (3544)	6/14/1998 12:54:00 AM
From: Tom Simpson	Read Replies (1) \| Respond to of 5058

>Why do you want to wait for the price to get to $2.50 before you >start making money? Because $2.50 was what I figured their balance sheet was actually worth a few weeks or so ago, assuming a fire sale. I'll adjust that going forward depending on how RDRT does with changes in current assets and liabilities. The market price of the stock reflects what the market thinks, not what I think. If I'm to short at $6.75 looking for $2.50 then I'm betting the market will become as sensible as I, and that would be a pretty stupid bet on my part wouldn't it? Its true it is getting closer, the market was up around 10 when I first shot my mouth off, but its not even yet met me halfway. Oh well. Hope springs eternal. Best Regards.....Tom