Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bearded One who wrote (7827)	12/4/1997 11:35:00 PM
From: Pancho Villa	of 9285

BeardedOne >>Personally, I really want to short AOL and Yahoo. Every couple of weeks I call up some pals on the phone and talk about it. But we never can figure out what piece of news is going to come out that, in this market, will make the stock actually drop in price. If someone does, please tell me.<< Liked your piece. Yes I studied AOL and Yahoo financials and valuations carefully before shorting and I could not justify valuation. They are so overpriced that IMO you have to be nuts to be long. I can't believe any analyst can come up with a valid reason to say AOL is a buy. Alot of mediocre people out there. I guess that is why some can beat the market. The normal distribution at work. 20% of the people have got 80% of the brains.... Pancho

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