Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (8851)	5/17/1998 4:29:00 AM
From: Dale Baker	Read Replies (3) of 18691

LHSG - I don't recall anyone mentioning this high-flyer before. Barrons has a profile in the latest issue which indicates that sequential growth has topped out. With a trailing PE of over 200 and forward growth projected at 40%, it's a tad overvalued at $120 per share. quote.yahoo.com Float is small at 4.8 million but short interest is low. Briefing shows 27% institutional ownership (does anyone know if Briefing's institutional ownership numbers are based on the float or all shares outstanding?). LHSG is going on my watch list for a short position. If techs do a nosedive, LHSG could well be on the cutting edge of a re-valuation. Opinions?

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