Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Pancho Villa who wrote (11533)	7/14/1998 11:51:00 PM
From: ted birnbaum	Read Replies (3) of 18691

ONHN 9 x 9 1/16 and Curious trading. A month or so ago IVIP came to my attention as a potential short canidate. It boasts an astonishing book value of -.26, earnings of -1.46 a 5 year history of loosing money, discounted convertables due to go off at any moment and provisions to allow the disco holders to short at will BUT! it is now an internet stock so none of that matters. The past two days it has run up nearly $2 on apparently no news. The stock has a history of news leak pre runs from what I have gathered from the YHOO msg boards. I suspect this stock is being HYPED by some Pump and Dumpers, or maybe since there business is running a health related web site that the DOC's who are involved in the content have some spare money they don't mind spending on a wild speculation? I notice what appears to be block buyers and block sellers, I assume the block sellers are the convert holders shorting haven't a clue why anyone who could afford to buy 25k shares would be buying this tho. The chart and strong close is telling me we will see 10 by days end tomorrow. I opened a boxed short position today. Take a look and share some insight WHAT am I missing ??

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