Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Bill Wexler who wrote (8473)	12/16/1997 5:16:00 PM
From: Redman	Read Replies (1) of 9285

Bill, 12 months ago ctxs was trading at $48. This stock took a bath in late february for no reason other that threats from msft, 3 months later the stock rebounded as msft stated they needed ctxs. People keep talking about this stock being 600% up. Roger is very familiar with the situation. Technically the stock is up approximately 45% over last 12 months. I am long the stock and happy with my positon, but I can also see the short side of this stock aslo. It is a traders dream in the short run, in the long run I believe it will be much higher than 84 where it fell from. PS: My basis is about $14 per share, so don't think I am just an angry long. green (formerly red)

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