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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Oeconomicus who wrote (1200)1/22/1998 2:31:00 PM
From: Ploni  Read Replies (3) of 18691
 
Many stocks are reporting after the close today. AMZN, SEBL, ITWO, and GTW. One gentlemen who seems to be a very astute and successful day-trader is going to short Gateway ahead of earnings. I haven't heard the stock discussed on this thread.

Is a box maker worth a P/E of 50? Some say it's up on takeover rumors. Otherwise, it seems a little pricey to me. I think they are opening retail stores, which should reduce their margins. The competition from $800 computers can't help, either.

I don't think I'd short it, but I'm curious what others think.
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