Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Carl H. Gotsch who wrote (2472)	2/7/1998 2:50:00 PM
From: lizard lick	Read Replies (1) of 18691

BBTK-broadband is up almost 4 points in less than 2 trading days on a horrible quarterly report mixed with news of a restructuring of lucent relationship, quote"deal" valued at 50 mil over next several years, but part of the 50 mil is a penalty that is lucent has been obligated to pay bbtk. CEO will not disclose how much No doubt such a pecentage increase in the stock price is due to some short covering and a newbie cnbc buying frenzy at the menion of the name lucent,question is what is an appropriate short point, i think we are close to it. one upgrade on friday from hold to buy. anyone got an opinion of the situation ?

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