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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (5106)9/3/1997 9:11:00 AM
From: Timoteo   of 9285
 
Roger- I have reduced many of my short positions late this summer, since I can't watch the ticker too closely during the day. I am still short DDIM, ZITL, VIAS and UNPH. Will probably close UNPH this week. I still foresee wage pressures impacting inflation in the 4th quarter. That will squelch any raging bull. I would not be surprised to see 8500 DOW, but don't expect much more than that. I remain fully invested long, but my portfolio is about 75% value plays, so I am not too concerned about the short term market swings.

All the best,

Timoteo

P.S.: I believe that AND has determined there is much more money to be made in the stock than in making headsets. I do think they have a ways to go, but there may be a good short here after the split.
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