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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (4761)3/11/1998 4:34:00 PM
From: Richard Ogier  Read Replies (1) of 18691
 
Roger, What do you think of IMRS as a short now? P/E of 100. Ran up from 30 to 52 since January. Just as it reached an unbelievable high of 50, they announced a 3 for 2 split to attempt an even more unbelievable high. They are growing fast but 50% of their revenues are from Y2K. I don't think it can go much higher, split or no split.

Richard
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