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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Dale Baker who wrote (9131)5/24/1998 11:32:00 AM
From: Mike Farrar  Read Replies (1) of 18691
 
MIKE SHORTS-WARNING-DONT GET BURNED

Earnings after the bell on Wed. Last 2 earnings shorts have been burned
by 20% to 30% rises after earnings. Sales reportedly even stronger than
expected ( i guess due to this insane economy ). This is a message from
a fellow you know what that sold short at 36 in mid April. Good luck shorts.
Even a good play for longs or options for about 2 weeks after earnings.
Stock has a 10.27 day to cover ratio as of April. Will short again soon.

Mike
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