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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (3656)	2/19/1999 1:00:00 PM
From: KonKilo	Read Replies (1) \| Respond to of 57584

I agree, Rande...But the question in my mind is, why don't the shorts ride the thing as longs all the way to the top and THEN short it? They would make a heck of a lot more riding it waaay up and then waaay down than they might by simply shorting it before it really takes off. I just don't get it...

To: Rande Is who wrote (3656)	2/19/1999 1:15:00 PM
From: Jason W	Read Replies (1) \| Respond to of 57584

SRR and WWW are both undervalued shoe companies. Business Week is reporting that SRR has to buy a major shoe company or be bought. BW says either WWW or RBK could be potential purchaser of SRR. Also, their is significant insider buying at SRR. BW says SRR is worth $20 a share currently. Being in the shoe business, I feel WWW has the best chance of buying SRR. WWW is a very sound company w/ 24 consecutive profitable quarters. They are very far off their 52 week high. Combine this with the entire shoe sector finally waking up,(ie.-NKE< NIN<TBL<SHOO), and WWW and SRR are great value plays. long WWW. No position in SRR.