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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15257)11/10/1998 1:54:00 PM
From: Bob Trocchi   of 18691
 
Roger...

>>In my opinion, YHOO and some others are now making "ZITL tops" combined with short squeeze. <<

I felt the same way so I shorted KTEL two days ago. Bingo, up it has gone by 79% as we speak today (>8pts) with their MSFT announcement. Links to a portal site sure make a difference in today's world. Will it increase their profits? Who knows. Who cares. It is the hits that count today.

I guess I will never learn, never short the Internuts. I will stay short for awhile on this one and hope that good ZITL keeps bailing me out. I think however it may take longer than I can stand it for reality to set in. Should have listened to Bill Wexler!

Good luck to you on your YHOO short and as long as you can hold on, my guess is that you will be rewarded.

Bob T.
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