Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Oeconomicus who wrote (5856)	4/1/1998 2:21:00 PM
From: Gerald Walls	Read Replies (1) of 18691

A spokesperson explained that the new rating is reserved for stocks in industries that lack the traditional valuation drivers like revenues and profits, especially those with limited operating histories, and therefore can only rise in value. Blah Blah Blah Not/Bad Boy Kramer was on CNBC this morning where he stated that the very worst reason to short a stock was valuation. To support this he said to look at all the hedge funds that got creamed shorting Dell. Eventually these overvalued high flyer stocks will fall but they may double again before they do and you'll be forced to cover at a loss. Or even worse they might split and you'll go bankrupt. ;-)

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