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To: Peter V who wrote (2626)9/7/1998 9:31:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Pete,
Do you still have the evil tower? Doesn't look like they release anything to the public yet. The longer there is no news, the longer this stock will remain in the sink. This short I will hold on to until at least their earning is released.

Doc - agree with you in all counts. Those short term trade picks are new to me. Will look at their charts and decide. I also have a >100% grower which has not corrected much but can pop - KNDL. What I'm not sure of is if this pop can spread across all sectors or selected areas like in the financial stocks only. We shall find out if every stocks get a gap up. It may pay to place a buy order near the close on Friday for the selected stocks you mentioned but will cancel others within 5 minutes if one or two get executed. However, I don't see this being possible with the expected congestion in phone line and internet brokers. I will cover NBR tomorrow, an untimely short, and possibly go long on VRC and DO (leap call). SEV will be very interesting tomorrow as news of their flowtest and possible delay can hit the wire.

With the US$ tumbling on a daily basis now, the multinationals may breathe a sign of relief here from currency exchange standpoint. Not sure how hedged they are with the currency exchange but if they are overhedged, they can get doubly screwed too!