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


To: Bill Wexler who wrote (1067)5/14/1999 6:40:00 AM
From: B Tate  Respond to of 10293
 
And the reason is??



To: Bill Wexler who wrote (1067)5/14/1999 9:34:00 AM
From: Bobo  Read Replies (1) | Respond to of 10293
 
Let's hear the story on DRD.



To: Bill Wexler who wrote (1067)5/14/1999 6:44:00 PM
From: Bill Wexler  Respond to of 10293
 
DRD takes a hit!

DRD took a nice swan dive today (there was plenty of time to short right after the market opened today by the way) - exacerbated no doubt by the down market. But note that if interest rates do rise, DRD will accelerate its decline due to its excessive debt levels and the fact that it is a weak retailer with high overhead.