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

To: drakes353 who wrote (1239)	6/23/1998 3:36:00 PM
From: Mama Bear	Read Replies (1) \| Respond to of 2506

I'd suggest giving CCSI a look. Looks like Asensio pegged another one. Barb

To: drakes353 who wrote (1239)	6/23/1998 4:37:00 PM
From: CMason	Read Replies (3) \| Respond to of 2506

drakes353-- EQMDE closed at 2 3/4. I still haven't covered, and wondered whether you have any thoughts on how much more downside might be left. Colkitt owns most of the shares, and I doubt he'll be selling; I also assume there never was much institutional ownership. However, I suspect we may see some shareholder class-action lawsuits, and there may be some more liquidation by disgusted longs tomorrow when they see today's plunge in the newspapers (or call their brokers to find out why it wasn't in today's papers). Do you know of any other stocks whose history might predict where we go from here? Thanks, CMason