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Strategies & Market Trends : Floorless Preferred Stock/Debenture -- Ignore unavailable to you. Want to Upgrade?

To: Cube who wrote (29)	8/9/1998 3:57:00 PM
From: Zeev Hed	Respond to of 1438

I just say do not go long. Shorting is another story, INPR is in a turnaround process, and the decline from around 10 might have been floorless induced. You must research how much of the issue is still outstanding and "guess" when the end game may take place (I just "Called" a floorless end game on TTRIF Friday morning when the volume blew through a million in less than 10 minutes or so, and of coursed jumped in). If the end game is not close, then shorting might be "safe". You got to have the right "psychological make up" for this game, I do not play the short side myself. Zeev