Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (13342)	8/31/1998 6:38:00 PM
From: ItsAllCyclical	Read Replies (1) of 18691

Anyone shorting INKT? What downside target are you picking to cover at. The IPO was supposed to be 18. It's pretty safe to assume it'll reach the low 40's probably tomorrow, but beyond that it's hard to tell. INKT has no history. I don't want to cover too early. Short interest is still relatively low (for an internet stock) and Goldman sacks was planning on doing a secondary, but probably not in this environment. Opinions?

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