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Strategies & Market Trends : Roger's 1997 Short Picks

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To: space cadet who wrote (8417)12/15/1997 11:36:00 PM
From: tcarnes  Read Replies (2) of 9285
 
dear space cadet, this is the point some co. don't
play by the valuation rules we call them overvalued
with others ctxs and yhoo they play by rules i can't
understand. my plan is avoid these. I just don't
go there. I try to stick to fundamentals and track
over time with these co. there is no reason for the
for the increases or decreases this can cost you
big. the other problem is the stock price in relation
to those changes for example if the stock is at 60
and another stock with predicable decreases like zitl
say at 10 where is the profit on a 1 pt. drop with
equal capital outlay. ctxs will take you to the poor
house and for what go with what you know will work
or at least has tracted predictablity. i would like
to short a co. called tera i can't don't asked me
why. ctxs should be at 20 and it defies all fundamentals
i don't have the solution sorry i can't help. tj.
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