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Strategies & Market Trends : Roger's 1998 Short Picks
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To: BDR who wrote (5780)3/31/1998 11:23:00 AM
From: Cosmo Daisey  Read Replies (1) of 18691
 
Dale,
A quick review of Rogers short picks reveals an overall 56.5 point increase in the selected stocks when taken as a whole.
AMZN 60 now 85
ATHM 26 now 34
CTXS 50 now 54
ETEC 46 now 58
VIAS 42 now 27 the only winner
YHOO 70 now 92.5

I would like to recommend PFE as a short pick because a listing on this board is a sure sign the the stock will reach new highs. The price breakout and new 52 week highs is a sure sign of a disaster waiting to happen if you follow the thinking of this board. Pfizer just got approval for the first ED drug and its a multi billion dollar market that they now own and will continue to own for years. They also have a couple of other new drugs approved and lots of stuff in the pipeline. They are in the middle of a huge expansion of their facilities in Connecticut and are hiring people to fill the building.
An obvious ruse to send the stock higher. The 52 week low is $41.5 and the new high hit today is $99.325 (right now but will probably go higher today) Lets go shorters, sell this one before it gets higher.
The new ED drug is predicted to be the all time money making drug in history so the price could go a little higher before the pull back but the thinking on this board is sometime, short now while you can and who cares how high it goes.
Disclamer: I am long Pfizer (PFE)

cdaiseyPhD@tongue/in/cheek.com
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