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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (7652)12/2/1997 1:52:00 AM
From: ted free  Read Replies (1) of 9285
 
Pancho- I was looking for a faster modem last week. Considered buying a USR model but both of my Internet Providers are using the flex style. One of my providers said that 90% of all providers are using the flex style 56k modems. So I bought a different brand. I saw someplace that the USR X2 models cannot be upgraded to flex style. If this is true USR may have trouble holding market share? I don't have a position in this stock and don't plan to.

Have half of my BFIT short but will hold off on the other half for awhile to see how far this bull run will go. The press releases appear to be effective in generating interest. On last Friday some large blocks were also traded and that concerns me that more fund support maybe at hand.

I don't think the Bull market attitude is justified given the problems in the far east and other areas. But I'm not going to fight the tide and am adding to my long positions and covering some shorts.

Regards Ted
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