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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Hank who wrote (3028)2/15/1998 7:48:00 PM
From: Mike Farrar  Read Replies (2) of 18691
 
INTU SHORT & ITWO SHORT

Intuit has risen from 36 to 52 in the last 2 weeks. ITWO
has been steadily growing weaker on unfounded
contract rumors and looks ready to plunge into the
low 50's. Intuit on the other hand, is getting play because
they have that Internet site (Yahoo jr.). I am getting sick
of stupid people paying these extravagant prices
on these loser Internet stocks. LCOS reports earnings
after the bell Tuesday. Maybe a miss or lower future earnings
expectations will help lower the prices on this overvalued
sector.

Jeff
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