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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (11216)7/8/1998 6:33:00 PM
From: ted birnbaum   of 18691
 
Re the YHOO short game.

I shorted YHOO yesterday at 207 boxed at 176. Shorted more at 196
and boxed it at 192 1/4. I expected YHOO to beat estimates and figured around .15 so that is in line. I expected them to announce
a split and expected 2 for 1. My point is that I am a simple investor and yet my expectations were right on the money. There will
be buyers tomorrow for sure but I expect to see lots of sell the news
perhaps as early as after the initial open. I will be watching after
10Am and will trade accordingly.
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