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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (6249)10/29/1997 8:45:00 AM
From: Bob Trocchi  Read Replies (1) of 9285
 
To anyone interested in VVUS or AMZN, A couple of articles I found this A.M. that should be of interest to shorts. I consider both to be potential shorts and I continue to watch them. Comments appreciated.

Bob T.
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>>Tuesday October 28 1:40 PM EST

Company Press Release

Genesis Reiterates Strong Buy on Vivus; Analyst Continues $75 Price Target

SAN FRANCISCO, Oct. 28 /PRNewswire/ -- Genesis Merchant Group Securities reiterated its strong buy rating on Vivus, Inc. (Nasdaq:VVUS) and continued its $75 per share price target. According to associate analyst Curtis Hogue, production capacity remains at or above third quarter levels, and Vivus continues to sell all the product produced at its New Jersey facility.

SOURCE Genesis Merchant Group Securities<<

If my memory serves me correctly isn't Genesis Merchant prone to over state or hype stocks.
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To those interested in on-line book selling, an interesting article on AMZN and Barns/Noble. In the article they predict profitability for AMZN by yr 2000. Can you believe that AMZN can still support such lofty stock prices with profitability 3 yrs out!!!

>>New chapter in bookseller rivalry
By Stephanie Miles
October 29, 1997, 3:00 a.m. PT<<

news.com
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