Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: SellShort who wrote (10464)	6/23/1998 9:48:00 PM
From: Lazlo Pierce	Read Replies (1) of 18691

SellShort, I follow Molex. My dad is friendly (wrote a book) with the CEO of Molex, and stays in touch with him. My dad actually told me he spoke w/Molex yesterday. They said, basically, negative earnings growth for the next 2Qs (still profitable), while Asia plays out. The fundememntals are in place for a nice rebound afterwards. This is a well-run company, with too much exposure in Asia. I think it may go lower over the next 3 months, but it won't be a broken stock IMHO. Probably a trading range in the high teen to low mid 20s (18 -25). Probably not too much of a chance of a pop going against you though. Good luck Dave

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