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

To: Alan Lee who wrote (10261)	6/18/1998 1:28:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 18691

I actually got chased out of ONHN (IVIP) at 7 for a loss of 3/8. The shareholder meeting was coming up (believe it was yesterday) and I didn't like the way it was trading. I should probably stay away from stocks that trade by appointment. It will remain on my watch list however. The upcoming dilution from the convertibles should cause some selling pressure, but the convert holders don't get their full discount until 1/99. Opportunity cost also factored into the decision to cover, as I wanted the margin cushion for my CCSI short. Barb