Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: vegetarian who wrote (2105)	2/2/1998 12:48:00 PM
From: Roger A. Babb	Read Replies (4) of 18691

M Carter, this market is just crazy. ETEC is now up for the day after announcing that it will not meet earnings, a big miss. I asked a broker friend of mine about ETEC. He said the word was out to buy it because the lower earnings this quarter would cause an increased growth rate looking at the projected earnings, the higher growth rate means a higher PE and thus the stock should go up. Lower earnings is bullish?????? I am just too old to understand this new math...... I shorted more.

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