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To: IceShark who wrote (25770)3/17/1999 12:59:00 AM
From: J. P.  Read Replies (1) | Respond to of 86076
 
Nothing about POS smells good. From their core business, to their management techniques, their disinformation campaigns, all the way down to the NYSE specialist (who can't get the stock to open on time and does funny things with the price at the close) and the POS options MM's who are so tight they squeek. (BTW, I think that all options MM's are lower than whale shi* on the bottom of the ocean)

Can't say that I really enjoyed the experience of shorting (with puts) the company, but it made the satisfaction of the profit that much sweeter. If this market corrects like it ought to, wouldn't be surprised to see POS in the low 30's. Even at 30 I'd say it's double the fair value, what with their meager 2 pennies (maybe) of earnings.