Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Leo J. Bourne who wrote (10098)	6/16/1998 3:06:00 PM
From: Bob Trocchi	Read Replies (1) of 18691

Leo... >>. I can't believe the market is willing to wait three years just to see a P/E of over 50, << Neither can I however IMO, analysts are really pumping this stock. In that environment, analysts will make conservative estimates on earnings and allow the company some room to consistently beat the estimates. This feeds into the continued buying as the analysts that recommend the stock look like heros. Let them miss a forecast and down she goes. Just my opinion. I tried to short this stock a long time ago and my broker talked me out of it. I have been thanking him since!! Good Luck Bob T.

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