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


To: TRIIBoy who wrote (4235)10/16/1998 1:11:00 PM
From: tdl4138  Respond to of 18998
 
BT will be announcing a loss next week...the question becomes how big will it be...last est. was -3.69....if its much greater BT will plummet. 1/4 pt decrease by FED isn't going to help this one.
Yesterday was a great time to buy more Nov 50 puts when it jumped to 58-59.



To: TRIIBoy who wrote (4235)10/16/1998 4:57:00 PM
From: TRIIBoy  Read Replies (1) | Respond to of 18998
 
Court lifts stay on 4.3 million shares of Knox Partnership. Expect heavy sales next week, probably driving the stock down to below $2 per share as Merrill Lynch and Bk of america liquidate to recover their money.

Supposedly this was known at around 3pm, but I just found out about it.