Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: NYBellBoy who wrote (6619)	11/7/1997 3:03:00 PM
From: mattie	Read Replies (1) of 9285

I mentioned Yuri on this thread a few weeks back. I shorted it at 34.50. Looks like we are going to test support at 16 soon the way the stock has been acting. No minimum purchase agreements from LU, Bay, and At&t. Lots of expectations in the stock and there are now worries they can't deliver the earnings. Plus I heard some negative comments come out of the AEA on Yuri. I think it will trade down tword it's IPO price if not lower. At 170 times earnings and 17 times sales it is still very overpriced.

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