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To: slipnsip who wrote (7750)6/26/1998 1:59:00 PM
From: UFGator93  Respond to of 164687
 
In that case, for David and Glenn's sake, I won't short another 100 shares today. I'm a curse and that would only make it jump up! <g>



To: slipnsip who wrote (7750)6/26/1998 2:00:00 PM
From: Henry Wolfond  Read Replies (1) | Respond to of 164687
 
It's 2PM...Do we have the cajones?



To: slipnsip who wrote (7750)6/26/1998 2:07:00 PM
From: Father E.  Read Replies (1) | Respond to of 164687
 
I think this is a better short than presstek or as good as boston chicken. Here you have bonds so you will have guys coming in to do capital structure arbitrage. As the equity is going down from all this loses at the bottom line the book value will continue to fall until they will have close to nothing and if something goes wrong the bondholders will become the equity holders.



To: slipnsip who wrote (7750)6/26/1998 2:39:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164687
 
Glenn, I dont know where you are, but I can feel your relief.. HEHE. Hoping I got the b*lls to unbox before I miss the down.. To think 40 points up didnt bother me.. The extra 20 killed me.. I no longer really have the capital to support my boxed position. If it goes against me again I am dead.. I have to be right next time... Immediatly.




David,

I am at my real job. This stock is still dangerous but distributon appears to be going on. It should pick up speed as days progress but I have been surprised by this stock before. I sure feel better so far.

I believe there were two downgrades on the stock today. I cannot confirm that.

Glenn