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

To: drakes353 who wrote (1181)	6/17/1998 2:38:00 PM
From: Carl Yee	Read Replies (1) \| Respond to of 2506

Yes, so I see. Discover now has PAMC as a NASDAQ BB listing.4800 = volume @ 4 3/8. Thanks for the heads up. BTW, closed my 3 days short on EQMDE for a quick 3 1/4 point profit. This could go lower, but the profit was too much in 3 days to overlook. Will re-enter on a POP.

To: drakes353 who wrote (1181)	6/17/1998 4:36:00 PM
From: Q.	Read Replies (2) \| Respond to of 2506

ZITL just announced another discounted convert deal. They are quite upfront about the discount. Usually you have to read the SEC filings to learn about this, but their news release tells you straight away that they convert at a 10 percent discount to market price. I won't benefit from this one, as my limit order to cover executed a few days ago, and the stock is now below 5. It basically has been the perfect broken stock. And that comes after being the perfect high flier at the end of 96.