Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Blue On Black who wrote (7031)	4/15/1998 12:40:00 PM
From: White Shoes	of 18691

Re KTEL, problem is with all of that volume, there are now probably more than 900,000 shares short (only a slight exaggeration). Now the CEO can buy his back with the shares he gets when he exercises his options. Where does that leave the rest of the shorts? No, I have a sneaking suspicion that squeeze after squeeze could be in store. $35, then $50. Possible. If it breaks $25, cover! In light of KTEL's new and expanding business, I think the best play would be to short AMZN now, KTEL later. Hell they're all overvalued, it's just awesome to watch. GNET insanity continues...is it because of rumours of a MSFT equity stake? Could real news be driving it?

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