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Strategies & Market Trends : Roger's 1998 Short Picks

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To: AKAPAK who wrote (11352)7/10/1998 4:26:00 PM
From: Prophet   of 18691
 
<< Anybody willing to proclaim that they will short EGGS? >>

EGGS is one of the last real internet prospects and undervalued (by Internet standards), well recognized, stocks that has not capitalize on the Internet madness. You would be crazy to short EGGS now. The high volume and intraday movement (easily moved up after a dip) shows there is still plenty of ground for EGGS to pick up. YHOO recovered at the close. I would expect YHOO to pick up again next week. YHOO is the leader; when it runs everyone follows.

Today I went EGGS long for the only Internet stock I have "longed" this year.
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