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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (12787)8/14/1998 10:06:00 AM
From: craig crawford  Read Replies (2) | Respond to of 18691
 
What a tough market. So far got 200 DELL sold at 107 5/8...waiting on the other 800. Ok, got 500 more sold. 300 to go. Ok, got the 300

Trade #4 completed for a 1/2 point gain. :-(
Looking for my next trade.



To: Roger A. Babb who wrote (12787)8/14/1998 10:29:00 AM
From: craig crawford  Respond to of 18691
 
Trade #6 attempt is limit to buy 1k LU at 87. Awaiting confirmation.



To: Roger A. Babb who wrote (12787)8/14/1998 12:02:00 PM
From: tonto  Read Replies (1) | Respond to of 18691
 
OCOM is down to $2.8mm in the bank and has a burn rate of $1.4mm a month. They are keeping it a secret where testing is being done. <S>
Regarding the floorless debentures, they will do what is in the best interest of the company at that time.

They are trying to do some additional financing, but nothing worked out to date...

Dilution?