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Strategies & Market Trends : Roger's 1998 Short Picks

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To: craig crawford who wrote (13609)9/10/1998 8:12:00 PM
From: 1-DAY-TRADER  Read Replies (1) of 18691
 
Dear Craig: ref. BRCM
I have been mostly a lurker lately. And I have gotten to like your post.

BUT, when I see a stock with a P/E as such this and rises artificially while the markets are tanking then something is wrong here.

If you are LONG on BRCM, then I am sorry if we differ in opinion.

I am capable of not only hanging on, but avg'ing up at even higher prices. So, I am staying in this till I make my profit in it :)

Remember, KTEL? this is another Ktel, small float and they are manipulating it. Maybe there is a difference between a SCAM and market-makers manipulations, but they both smell funny to me as a short seller. Ktel market makers lost their shirts to me before :)

Let us see what happens few months from now, IF NOT TOMORROW :)
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