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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Lazlo Pierce who wrote (3449)2/23/1998 1:09:00 PM
From: Eric Klein  Read Replies (1) of 18691
 
BFIT - You know, a lot of people on this thread have caught the fever to short BFIT. I've read Pancho's analysis of the company's financial's, the customer complaints, etc. I've tried to bite my tongue on this because I respect the people who have shorted them, but...

One factor keeps me from shorting them: their Price/Sales is 0.5 and BFIT has good relative price strength. According to the book "What Works on Wall Street" this combo of low P/S and high Relative Strength is the optimum statistical strategy for picking stocks. All other factors pale in comparison.
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