Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (7472)	11/24/1997 7:58:00 PM
From: Pancho Villa	Read Replies (1) of 9285

Eric, RE: SBO Looked at show boat for about 1/2 hour. First of all Fido was buying recently. about 1.7 million shares reported to SEC last June. Eric, yes the stock may be overpriced (as most stocks this days). Fro last 10Q: leverage is significant but given the fact that they have real state holdings I have seen worst, Revenues show healthy growth [acquisitions seem to be working], cash flows from operations still a bit negative but getting better. They are showing some earnings. Don't know much about the casino business but this outfit looks reasonably healthy to me. Plenty of better short opportunities around. Pancho

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