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Strategies & Market Trends : Roger's 1997 Short Picks

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To: John Sloan who wrote (6185)10/28/1997 2:20:00 PM
From: ItsAllCyclical  Read Replies (1) of 9285
 
John, I did cover both lcos and yhoo at 20 and 36 respectively and reshorted at 26 3/4 and 45 respectively. I don't know about amzn and aol specifically, but I think we'll retest some lows before going significanly higher. I think people will rethink some of the high PE internet related stocks... at least I hope. IMO today's large bounce in these stocks could be attributable to short covering.

Jim
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