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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Street Walker who wrote (9983)6/13/1998 7:02:00 PM
From: Lazlo Pierce  Read Replies (2) of 18691
 
[Monday Short: QCOM/49]
[Monday Short: MOT/50 1/8]
[Monday Short: NOKA/64]

Well I still think QCOM, MOT, maybe even Nokia are ripe (though Nokia is by far the best co. in the bunch, they have doubled in the last 5 months though). MOT is in trouble, AND they have a big Asian exposure to boot. The chart sucks, and there is no real reason except for sentimentality this one won't hit the low 40s. QCOM is heavily exposed to Korea, and Korea is tanking, I'm short MOT (@ 52 1/8), and QCOM @ 50 1/2. Nokia I'm thinking about (though I was long it for a few years, and did well, short term I can see some weakness)

Dave
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