Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Jon Tara who wrote (8428)	12/15/1997 8:20:00 PM
From: Michael Berkel	Read Replies (1) of 9285

ctxs is a great short!! Many Momentum Investors are busy locking in their 1997 profits and Smart Money is quickly rotating into other sectors, or stays at the sideline for the year end. I am still in great doubt about AOL and YAHOO. Momentum is still in place and some negative comments/announcements should be necessary to kick off the ultimate big bang. Might be too early right now. Another stock that I stumbled upon is Novellus (NVLS) downgraded by several analysts in the past few weeks, although this is not the main reason to start shorting. Maybe we should wait a while until Novellus trades at higher levels, but I am not sure if that will happen at all in due course. I remember the days that it traded at 80 and IBD touted this darling. And..how will MU impact the NVLS performance? Anyway I appreciate to hear your comments on this puppy. Michael B. P.S.: Anyone has an medium-term target for ctxx? I will be covering in the low sixties. It can be there in no time though.

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