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To: Gersh Avery who wrote (4104)9/25/1998 12:16:00 PM
From: MonsieurGonzo  Read Replies (2) | Respond to of 11051
 
Gersh; RE:" don't short no Erstaz Bondz "

>Looks like the players are trying to get the dividend then bail. Seems to me like a good short scalp.

...no man - if you short 'em, then YOU gotta pay the 8.5% dividend. The specialist opens them down on ex-dividend day, and all the short-term dividend players sell. Good time to BUY them.

-Steve