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Strategies & Market Trends : Roger's 1998 Short Picks

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To: clochard who wrote (6935)4/14/1998 4:51:00 PM
From: craig crawford  Read Replies (1) of 18691
 
<< Do you need to feel lucky to hold YHOO now? >>

Yeah, I'm lucky that INTC's margins are still dropping and computer prices are getting cheaper and cheaper. I'm lucky that SEG lost money meaning they don't have much pricing power, even if they are in the high end. I'm lucky that it's getting cheaper and easier to get onto the net.

<< Are you long YHOO right now? >>

You mean when you posted your message at 1:04 EST or when I got around to responding to it? Either way, yes. But there was a little movement in between.

<< Do you get in on dips and out on pops? >>

Sure I trade YHOO sometimes. Sometimes I see something I like better. YHOO looks like it is running out of gas. Instead of crashing it will probably just consolidate for a while, biding it's time until the next run-up.

<< Or are you holding until the right time? >>

I'm holding until you go long, where I will sell it and then go short. Only kidding. :-)
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