Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Timoteo who wrote (7051)	4/16/1998
From: Mike Farrar	Read Replies (1) of 18691

ITWO Not a really good stock to short unless right before earnings. Last quarter they beat earnings by a penny and proceeded to fall from 60 to 52 in two days. It then skyrocketed and has been yo-yoing ever since. I did okay, but have decided that it is not a smart move to short on valuation alone. They are in a hot sector and are growing income in triple digit percentages and the earnings estimate for this quarter is only .05 v .15 last quarter. Be careful with this one. Jeff

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