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 (4650)	3/10/1998 1:29:00 PM
From: tom pope	Read Replies (1) of 18691

>>Yes! this suckers will break down [internet stocks] and so will BFIT!<< Pancho, BFIT will break down, and when it does I hope to be on board. What holds me back now is that it is still benefitting from analyst upgrades. The analysts will eventually be proven wrong, but in the meantime the upgrades add to the euphoria surrounding the stock. In the circumstances, shorting it is premature, IMO. When the first analyst hedges his bet, then it will become a very interesting short. Zacks has made his millions on the back of a simple model based on the momentum of upgrades and downgrades.

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