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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Daniel Miller who wrote (36239)	5/17/1999 12:20:00 AM
From: Essam Hamza	Respond to of 122087

Daniel it's not a rumor. biz.yahoo.com

To: Daniel Miller who wrote (36239)	5/17/1999 12:36:00 AM
From: Barronio	Read Replies (1) \| Respond to of 122087

<CLEV> There's a difference between a "rumor of a buyout" and management announcing their intention to seek a buyer. Two weeks ago, the stock wasn't worth much, because you could expect to have to hold for years to finally realize the 100% appreciation that was inevitable. But now, that 100% (from last week's price) is attainable within a year or so, which is why the stock has shot up. IMO it's priced reasonably if we assume a $300 million buyout, which itself seems attainable. Still might be worth shorting if it jumps higher on implausible rumours ("Bill Gates wants to buy the team for $1 billion!") or if you want to play a small steady drop as people get tired of waiting, but it's unlikely to drop bigtime until and unless the search for a buyer is cancelled. Search this thread for CLEV to see previous posts on this topic (you should have done this anyway).

To: Daniel Miller who wrote (36239)	5/17/1999 9:50:00 AM
From: Bimini	Read Replies (1) \| Respond to of 122087

Dear Daniel, The team was put up for sale, not rumour of a sale. Have you been trading for a long time? Look at your news service next time. However, I still believe this to be a good short.

To: Daniel Miller who wrote (36239)	5/17/1999 10:21:00 AM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 122087

Well I disagree The indians would command a much higher price.. The price for the Indians could eclipse the baseball record of $311 million that News Corp. paid last year for the Los Angeles Dodgers The Indians, who have appeared in two World Series in the past four years, play in Jacobs Field, whose wealth of luxury boxes and 308 straight sellouts make it one of the most profitable stadiums in baseball. In contrast, Dodger Stadium had no high-priced boxes when News Corp. bought it. The Indians had $144.6 million in revenue last year, an increase of 3 percent. The company also has $35 million in debt. Jacobs and his late brother, David, bought the Indians for $35 million in 1986. Based on this Info The CLEV stock is not a good short..in contrast it is a very bad short..if it gets bought out and if it doesnt its still undervalued although they may not earn mnoney they are huge cash cows