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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (8104)12/10/1997 5:22:00 PM
From: Franco Battista  Read Replies (3) of 9285
 
Well, if there was no news, that was one heck of window dressing!
BTW, after the close Seagate announced the closure of its DD facility in Ireland citing overcapacity,price pressures and lower margins. Quantum also announced that it sees lower Q3 earnings vs. Q2. Finally Bell Industries expects Q4 earnings 40-45% below eps of last year saying Nov. sales below expectations and Dec. sales also down. And the beat goes on.... Happy trading.
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