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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Roger A. Babb who wrote (13085)8/24/1998 10:47:00 AM
From: Hank  Read Replies (2) of 18691
 
Roger,

Are you considering entering into another ATHM short at these levels? Like AMZN, YHOO, and others, it has yet to correct significantly. It seems that if you viewed ATHM a short at 25 you ought to really like it in the mid forties. I shorted it in the low 40's which was a bit too soon but I am still convinced that it will drop to the mid 30's or lower before the market is done correcting. I can't see any justification at all for it's current valuation. As always, your comments are appreciated.

Hank
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