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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: robrt60 who wrote (3229)	9/24/1998 3:13:00 AM
From: Mr. Pink	Read Replies (5) \| Respond to of 18998

Well Mr. 60: Mr. Pink covered half his position between 10.50 up to 12 1/8 as frequent posts by Zemen reminded Him of the threat of a short squeeze. So Mr. Pink owes thanks to Mike Zarour of Canoga Park for the heads up which saved Him $500,000. The remaining shares are guaranteed under a long term borrow so He is not concerned. As for the valuation, Mr. Pink has lowered His target price from 2.50 to zero based on the extreme difficulty Acturd must be halving in its trade business. Also, Ricearoni's criminality is now firmly established as his shady business dealings have come to light. Mr. Pink hope this has been helpful. Mr. {Pink