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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Lazlo Pierce who wrote (9858)6/10/1998 5:16:00 PM
From: Mama Bear  Read Replies (3) of 18691
 
I can't grasp how a company like ENML can disappoint. Just the fact that they have revenues should be considered a positive surprise. <g> Yes, I have a permenant short position in ENML. Sometimes I add a trading position, but don't have that now, just the core short to 0 shares.

CCSI longs are getting cocky. One actually claimed that the CEO "proved" Asensio wrong on CNBC this afternoon. That one has a mighty low standard of "proof". I reopened part of my short position near the close at 7 5/16, and will be looking to add to it if they actually get it to gap up tomorrow. Does anyone think that longs in love will ever get over the thrill of the oversold (dead cat) bounce? For those chart gazers among us, I think resistance should be pretty firm at 8. But CCSI is one that I will just continue to build a short position in. I must say, CCSI reminds me of PLSIA. Does anyone else see the similarities?

I shorted a trading position in CFON at 5 45/64 as well.

Barb
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