Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (7956)	12/7/1997 12:18:00 PM
From: Mike Farrar	Read Replies (1) of 9285

INTUIT (INTU) Intuit was in a small short squeeze due to the tech jump on Friday and a Barrons article hyping it. It was up 2 7/16 to 35 3/4. Intuit has a P/E of 117 and a book value of $ 3.41. I made good money short last week after a runup and intend to do the same this week, especially if the market and tech sector move downward. Looking for 30-31 by Friday but not going to take a short position until around 10:30-11:00 Monday morning. Jeff

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