SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1997 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Roger A. Babb who wrote (4657)8/12/1997 11:37:00 AM
From: ItsAllCyclical   of 9285
 
Regarding TPRO, I definately wouldn't short it. I'm long at 4 1/4 partly based on their valuation and business, but mostly as a hedge against my other y2k shorts. People who are going long are doing so for three reasons I feel:

1) Small market cap, cheap stock
2) Low valuation, Price-to-sales ratio compared to other y2k's
3) People feel they'll have no competiton because their "potential" y2k business is in a niche market.

I think this stock will hit 10 before it hits 4 again. If you think the y2k craze is overblown then look at shorting IMRS or others, but not yet. The volume coming into TPRO makes it look like this thing is just starting to pick up steam. Earnings will not be out for 3 more months and for y2k's no news is good news. Roger, I'd like to know your position either way.

Jim Lundsten
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext