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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Mama Bear who wrote (9056)12/29/1997 6:53:00 PM
From: craig crawford  Read Replies (2) of 9285
 
<< No, that's not what I meant. I meant revisit the thread. And CIEN looks like a long to me now,
but only from a very cursory glance. >>

Before you were shorting and saying you'd see us bulls at 35. Now at 61 you want to buy it?

<< Actually it was more like 7-10 points ago, the stock fell very nicely after the lockup ended, >>

That's true it was about 8 points ago. You weren't posting on the thread 15-20 points ago. But I also told you to sell FIBR another 5 points ago so that adds up to 13. Plus I recommended going short for another 5 points for a total point recommendation of 18 points. <g> Isn't that right smack in the middle of 15-20?

<< and I made ~15% ROE shorting CIEN. <G> >>

Which time? The time you went short? Or when you went long? Then I remember you boxed. Then unboxed, went long, boxed again, went short, then long, then short and who knows what else. Seemed like a lot of hard work to get 15%. You could have done just as well buying and holding.
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