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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Bald Man from Mars who wrote (7937)4/27/1998 4:14:00 PM
From: Lazlo Pierce  Read Replies (3) of 18691
 
PAssin this one along from briefing.com. Never saw a downgrade like this one.
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Sybase Inc. (SYBS) 7 31/32 -3/16: Gruntal & Co. suspends coverage of relational database concern and recommends shareholders liquidate their holdings and the company is viewed to have a hard time growing its core database business; opportunities are shrinking as a result of top-down competition from Oracle Corp and bottom-up pressure from Microsoft Corp.; doesn't expect May 4 analysts meeting to satisfy investors

PS Anyone else sick of Ralph Acumpura? The guy last week still saying all things are GO! Dow to 10,000. Today he comes out with we will see an immediate 5 -10% correction, as we've gone up 1800 points since mid-Jan. )didn't hurt that he saw Europe/Asia tank, and the WSJ rate article) Well, he didn't say that a few weeks ago.
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