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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (421)3/26/1999 1:31:00 PM
From: Druss  Read Replies (1) | Respond to of 10293
 
Dale--<<Discount convertible financing is always nice leverage on the short side. Sooner or later it extracts a terrible toll on stocks.>>
My experience is the stocks often rise before the convertible comes due. I think it is the holders pushing it up for good short entries.
RACE is popping today on no news. I am eyeballing that one. The MM's really support it I have noticed. All to frequently I am seeing a bid/ask set higher than the last trade.
All the Best
Druss



To: Dale Baker who wrote (421)3/26/1999 4:29:00 PM
From: Peter V  Read Replies (1) | Respond to of 10293
 
<<Takes patience.>> I know all about that. I've shorted ALTIF. <GGG>

IS this a floorless convertible for VLNC? That's a bad sign indeed.


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