Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (3298)	2/20/1998 11:48:00 AM
From: Pancho Villa	Read Replies (2) of 18691

CIEN: any one watching the fall? Wasn't this supposed to be the invincible stock? The problem is that when a situation like AOL develops and you are short you fill like the sucker will never come back down. This is BS! even stocks with moderate volatility have a price range that goes to about 50% below from the 52 week high. In the case of AOL, we are talking about a very volatile stock with an astronomical PE! I assure you it will come down... Just a matter of time... Of course, one needs to have the respourses to supply the ever increasing need for cash... Pancho

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