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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (4680)8/13/1997 12:34:00 AM
From: John Brickman   of 9285
 
Roger: I agree whole heartedly about VIAS etal accounting practice of not including write offs in earnings reports and it certainly doesn't do shareholder equity any good with a price to book of about 42. Granted the revenue growth is looking good right now, but what happens after Y2K? Also, after reviewing the charts I believe I'll stay short a little longer. If we have further sell off this week and VIAS breaks 55 support, we should see 40's in next couple of weeks.

JB
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