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Non-Tech : Auric Goldfinger's Short List -- Ignore unavailable to you. Want to Upgrade?


To: Dnorman who wrote (134)8/28/1998 2:37:00 PM
From: virgil vancleave  Respond to of 19428
 
Goes to show that not many are very bullish. It is expected that the stock has more downside from here. Also indicates the fact that those that wanted to short (me included) can't find any shares and thus create more demand on the puts.

I do have some oct 55 puts and think the stock has more downside. Some of the other stocks in the same industry group have really been hit lately. Take a look at bill. Good chance that lhsg will follow as it is just as overvalued fundamentallly as bill was prior to it's fall.

But then again, you never know what the market is going to do.

good luck