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 (15944)	12/3/1998 11:48:00 PM
From: Don Westermeyer	Read Replies (1) of 18691

Roger, As far as Slick Willie goes - he'll probably get away smelling like a rose again. I don't know if he just has the charisma, but for some reason the public just doesn't have the moral standards to really care what he does. I have to admit even though I feel the market is over valued I am net long (but with a lot of cash sidelined). I'm mostly into buyouts or mergers and a few 'value' stocks. Value investing has not been very rewarding this year but I have patience. I think junk bonds are actually a pretty good deal also. I suppose that here is plenty of risk in those merger plays, but not really much market risk (except for financing - especially junk debt). It was interesting seeing some of the internet tulips get punished today again. An example is ONSL, down another 20%. Another day like today and they will need another super-duper press release to add some fuel to that (LOL) 'rocket'!

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