SHORTS TRIGGER A&P STOCK FALL

MONTVALE, N.J. A complicated debt-financing plan that unraveled with the Lehman Bros. bankruptcy last month helped bring about a sudden drop in share price for A&P here, an analyst said last week. Karen Short of Friedman, Billings, Ramsey and Co., New York, in a research note last week said that investors A&P stock in order to cover a swap agreement canceled when Lehman filed for bankruptcy Sept.

MONTVALE, N.J. — A complicated debt-financing plan that unraveled with the Lehman Bros. bankruptcy last month helped bring about a sudden drop in share price for A&P here, an analyst said last week.

Karen Short of Friedman, Billings, Ramsey and Co., New York, in a research note last week said that investors “shorted” A&P stock in order to cover a swap agreement canceled when Lehman filed for bankruptcy Sept. 15. A&P stock was trading as high as $14 per share on Friday, Sep

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