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Strategies & Market Trends : Roger's 1997 Short Picks

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To: taxikid who wrote (7567)11/26/1997 6:45:00 PM
From: craig crawford  Read Replies (4) of 9285
 
(DIGL) Digital Lightwave

26.4M outstanding
6.1M float
150-200k Avg dly vol
383k from 42k short interest increase last month
PE around 240
P/S around 30
P/B around 12-13
about a buck per share cash no debt
52 week range $3-24 (currently at 21)

Company looks like a winner so only for shorters who like high prices.
Some people may even want to buy it. The chart looks beautiful--The market hasn't even fazed the stock.

Oil service fans should check out MIND, it looks good
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