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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Carl H. Gotsch who wrote (6079)10/25/1997 8:59:00 PM
From: Roger A. Babb  Read Replies (1) of 9285
 
Carl, yes my target for Zitel remains $5. Of course my short position at $18 is much smaller than when it was $60. I had a huge short position back then which was built in steps as it Zitel was hyped up. Since then I have covered in steps as the price fell, covered some last week at $19. Still have large position though. This is my usual method of going in and out of short positions.
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