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

To: Steve Smith who wrote (4271)	10/17/1998 1:21:00 AM
From: Yamakita	Read Replies (1) \| Respond to of 18998

The Nov 75 puts on PVN got whacked 25 points yesterday, ending Thursday at 32, and today at 6.5. That screams for at least a small hook to be thrown into those turbulent waters. On FP's giving up the ghost: congratulations Mr. Pink, who never wavered in his "till zero" prediction. Remember the press release blaming the shorts for their troubles? Ha! Yet more evidence that companies that put out those kinds of releases just beg to shorted even more heavily.