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To: Ron logo who wrote (14)7/21/1998 11:27:00 PM
From: Jesse Livermore  Read Replies (1) | Respond to of 16
 
Hi Ron, contrarian thinking is okay but blind optimism in the face of grim facts is also a contrarian indicator. I expect a reverse split of 10-1 and maybe a pop to 1 1/2 or 2 (split adjusted) at best if it all falls right in the fourth quarter. BUT, it has to all fall right. Cost cutting kills the future but if the 4th q sales are good you might get your trading rally. Long term still looks bleak in my crystal ball. I have been wrong s a bull maybe wrong as a bear.