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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (18381)8/16/1999 11:24:00 AM
From: TAPDOG   of 18691
 
Roger, I agree that LAMR is overvalued and I'm short a small position from 40. I've decided to stick with it but not add on because I have no idea what might precipitate it's decline. The fundamentals you mention have been the same for quite a while and the stock has done well. The bearish case is that it's starting to break down and higher interest rates increase its cost of debt service. Good luck.
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