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Technology Stocks : Headway Corporate Resources - A Temporary Staffing Company -- Ignore unavailable to you. Want to Upgrade?


To: Jamessmith who wrote (25)6/19/1998 6:28:00 PM
From: Pendretti  Read Replies (1) | Respond to of 46
 
What the shorting concerns, I will check this out monday and it is easy done by just calling Nasdaq.
Yes the company is heavily leveraged, I know that, but how do you think they got the money to do more acquisitions? They will be able to do acquisitions up to $ 90 mln. in revenues, about 60% of last years revenues. As long as everything adds to the EPS it is no problem.

If you say that everybody is selling their shares in the company it is insider selling and it has to be filed and I don't see it on my Bloomberg.

But hey, everybody can have their opinion. And I am not hyping the stock. But go ahead and short the stock if it is allowed and we talk again after a few weeks on this board.

I am positive for the short term because institutions are only starting to look at this company right now. And if you are so sure this company is so much overvalued, why do you think G. Soros expanded his stake to 10% (see the 13D/A filing).

And if I look at the chart I don't see it happening that people are shorting this stock big time. But again, I will find it out next week and post it here.

Rene.