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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (6236)10/29/1997 2:54:00 AM
From: Paul Schmidt  Read Replies (1) of 9285
 
Roger, long time no post, hell I don't know if you still remember me. I am just curious why you are so emphatic about BROC? I have so much respect for your short calling talents but can't believe how much you keep touting this stock.

I can name many stocks that are making as much revenue(which isn't much, btw) and losing less many as BROC but are trading at $2 or less. I can't see how BROC even got this high, it is about a $1-2 stock in my eyes.

If you want a true bargain then look at RATL. This is the kind of company I look for when I am hunting for bargain basement prices. They are totally out of favor, sitting on 200 million in cash, have an asset-to-liability ratio of 6-to-1, a P/S ratio of 2.38 and only costs $3 more than BROC. That is just one example, there are several excellent bargains out there, I just don't consider BROC one of them.
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