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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (5355)9/15/1997 4:13:00 PM
From: Timoteo   of 9285
 
Roger- MSFT: I shorted MSFT too early in the bull market this spring and covered for a loss. I do believe now MSFT is a good short, especially with the news of the delay of Windows 98 release. I would short on any strength, since it may have some life left. I do not expect earnings to help the stock. I believe that it will cycle down, possibly to the high 90s, as it slowly slips out of favor. Am putting available equity into TEAM long, so am adding no new shorts, otherwise I'd be in MSFT.

Best Wishes,

Timoteo
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