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Strategies & Market Trends : Roger's 1997 Short Picks
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To: CalculatedRisk who wrote (3704)6/26/1997 5:16:00 PM
From: Roger A. Babb   of 9285
 
CR, I think it is ok to short after the "after split" run up hits its peak. I am guessing that manu is near that peak and shorted at 43 and 45. Yes it does have great growth, but not good enough to support today's price over the long term. I expect to hold this short for a while.

I am watching prst. My current guess is that I will be able to short prst in the high 60's AFTER the split. PRST is not fundamentally better than manu. It is just that my sense of timing says that manu is ready and prst is not. We will see...........
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