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Non-Tech : Riggs National [RIGS] -- Ignore unavailable to you. Want to Upgrade?


To: Eric J. Beyer who wrote (8)3/1/1999 1:10:00 PM
From: hoyasaxa  Respond to of 23
 
RE: Shorting, Charts & Fundamentals.

Charts seem to be a good way of showing how the market interprets and reacts to information. But with little info out there on RIGS, and decent fundamentals relative to its peers, I can't see why one would would think RIGS would fall for company-specific (vs systemic) issues. In fact, one could argue that RIGS, at least from cursory analysis, looks pretty good at current prices; and that the chart isn't very revealing at all. Comments?



To: Eric J. Beyer who wrote (8)3/1/1999 11:36:00 PM
From: Axxel  Read Replies (2) | Respond to of 23
 
I don't have any problem shorting stocks...but when the bank is less than 2x's book, like Riggs, I just was curious.

Regards.

Axxel