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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (11751)7/21/1998 1:39:00 AM
From: ratan lal  Read Replies (2) of 18691
 
Roger

Just read your original post
===================================

Started By: +Roger A. Babb
Date: Jan 1 1998 2:54AM ET

The following are my short picks for 1998. I shorted each of these stocks on December
31, 1997 at very near the listed price and will hold each position until it reaches my target
or fundamentals cause me to re-evaluate the position.

AMZN 60 target 30
ATHM 26 target 15
CTXS 76 target 30
ETEC 46 target 30
VIAS 42 target 20
YHOO 70 target 35

Note that these shorts are hedged by a larger long portfolio of quality long term positions
which helps neutralize big market moves in either direction.

My "special situation" long pick for 1998 is:
BROC 3 1/2 target 10 or better

My initial market prediction for 1998 is bearish. I will be posting updates on my predictions
to babb.com

Happy New Year
Roger
=========================================


I hope you dont run your co. the way you predict the market else your cos. bank balance may be just as empty as your portfolio balance.

ratan
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