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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (4965)8/28/1997 12:31:00 AM
From: KellyW   of 9285
 
Roger, I've been hunting for a SHORT and came across this thread. I like it. I'm a value fundamental investor with no interest in TA...except I pay attention to volume. I currently see no better short than RMBS. 1.5 billion market cap but yet their most recent profits we're just $500,000.00. Hello! Now, they've got great technology and future orders for 1999 but that's mostly with Intel. The Intel that I know, well, they can be bastards. RMBS does not have their money yet and believe me, things can happen and Intel can squirm out of it. I know this all to well. The company I work for now got millions of dollars from Compaq in a similar situation. 1 year later and they changed their tune, 180 degrees. So, just because Intel bought some RMBS stock is no sure thing. What's your take?
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