Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bearded One who wrote (7827)	12/4/1997 7:01:00 PM
From: ItsAllCyclical	of 9285

Bearded One, you bring up some interesting points with your ZITEL, AOL and YHOO comparison. However a big difference is the amount of institutional ownership and coverage. Even at Zitel's peak it never had anyone credible covering the stock. Thus it could and did get completely "nuts". YHOO and AOL are different. If on a technical basis YHOO begins to falter you may see some changes in recommendations to cover their butts. Just like in the y2k craze I expect more search engine companies going IPO soon. YHOO and others look like they are already losing momemtum. I'm going to hang in there for a while. I think it should be worth less than 30 but will cover in the low 40's and wait for another run to the high 40's before shorting again. Jim

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