Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Michael Berkel who wrote (9052)	12/29/1997 6:00:00 PM
From: craig crawford	of 9285

<< Don't misunderstand me, I am very interested in shorting but I don't see a reason for a steep decline, other than a (too) high valuation. And I was taught never to short a stock ONLY because of its insane price. >> When a stock valuation like YHOO gets so out of whack with reality PEOPLE WILL FIND a reason to sell the stock. Possibly an influential analyst coming out and saying that YHOO is outrageous? I don't care much for Barrons but maybe a negative article from them is good for a 5-10 point decline? On the other hand there are scenarios where YHOO could shoot up 10 or 20 points in one day as well. How about AOL acquiring YHOO for $120 a share in stock? Maybe, you think?

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