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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (7004)4/15/1998 7:24:00 AM
From: Mama Bear  Read Replies (2) of 18691
 
Funny thing craig, as I woke up I decided to skip shorting KTEL, considering the float being what it is, the fact that the company is profitable, and the current Internet mania. As I was thinking of all the reasons to short it I realized they were all the same reasons to short Yahoo! and Amazon.com! in the 40s. I will stay away from that siren song.

ENML broke down badly yesterday, printing lower than 9 3/4, which was the lowest print since the price ramped up to 27ish. A couple of SEC filings evidently got investors nervous.

Barb
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