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Strategies & Market Trends : Roger's 1998 Short Picks

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To: JOHN CHEN who wrote (11202)7/8/1998 5:12:00 PM
From: larry   of 18691
 
I was disappointed that YHOO! did not announce a 3:1 split. I had a very small position (200 shares I bought today at the low) and expect to see a new high tomorrow.

YHOO! earnings will probably boast all internet related issues to new high tomorrow with the exception of AMZN. It will take at least 5 sessions to pop this issue up to 150. Not that I like the issue, but momentum players will be back early tomorrow morning to squeeze the shorts. Like I said, the game is far from over for internet issues. Expect more shorts to go bankruptcy.

my two cents,
larry!
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