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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Pancho Villa who wrote (8883)12/25/1997 11:32:00 PM
From: TAPDOG  Read Replies (1) of 9285
 
Pancho, I'm embarrassed to say that I don't remember where I first saw PCTY. I've been watching it, but haven't traded because I've recently pledged not to short a stock right before it splits and I seem to recall that it will split on January 5th. It reminds me of Discovery Zone and Boston Chicken. There's nothing proprietary about selling balloons.
Someone suggested that YHOO and AOL are better shorts. Probably true and I'm already short those and averaging up, but the problem with AOL and YHOO is that they are trading on stories that cannot be disproved until long in the future. BFIT and PCTY must perform within the next couple of earnings reports or it will tank.
Thanks to everyone for their input here.

Tappis
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