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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Dan Ross who wrote (7623)12/1/1997 7:56:00 AM
From: Pancho Villa   of 9285
 
Dan RE: shorting AOL. I you shorted at around 75 you did almost $4 better than I did. Be prepared for a roller coaster up ride but if you hang tight you should see the 60's again for the reasons you mention. I agree witrh your view! Things look so bad that I am very tempted to short PG. At around $70, a PE over 30, the current international situation and historical growth of around 7% the stock is terribly overpriced.

Pancho
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