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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Mama Bear who wrote (7135)4/16/1998 1:07:00 PM
From: Oeconomicus  Read Replies (1) of 18691
 
Why not pick on a one product company in an overlooked out of favor sector, with no earnings, massive competition from well funded, diversified multinational corporations and massive insider selling, rather than a stock in the hottest sector around?

Books (OK music too - 1 1/2 products)
Expected to lose over $25 mil this year
Bertelsmann, Cendant, BKS, BGP, etc., etc.
50+ 144s filed in Feb-Mar

OK, 4 out of 5. But, is it really in a hot sector or is it just perceived to be in one? Tech stock or bookseller?

Bob
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