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Strategies & Market Trends : Roger's 1998 Short Picks

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To: TAPDOG who wrote (18410)8/30/1999 1:24:00 PM
From: Marconi   of 18691
 
Hello TAPDOG: BFT
BFT seems sensitive to market downturns. The next "Octoberfest" could be worth more than a few points. The neat thing about institutional ownership is that when they decide to dump, they bail without regard. We just need the trigger. The next future ugly spell in the market might be that trigger. I am watching BFT. No position yet, but I would have shorted the last kick above 30 if it had gone to 33-35 immediately, expecting to pick up 10% on a pull back.
Best regards,
m
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