SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: larry who wrote (16315)12/21/1998 7:09:00 PM
From: space cadet  Read Replies (2) of 18691
 
Hi larry,

I too grabbed some dell calls today. It looks to me that dell is beginning to explode at last. I think 100 looks doable by earnings time, assuming as always that they beat the numbers by at least 2 cents. I also like tglo but missed picking some up. Looks like the etailers are where the action is right now. Nice work on onsl I missed that. I wish I had bought a bigger position in dell but you can't look back, I guess. I don't see any crash happening until after earnings wind up in Feb so we have a solid 6-8 weeks to just go crazy here and crash any numbskull stupid enough to be short here. I'm not referring to the zitl types shorts but those people shorting known name stocks like amzn yhoo onsl dell csco etc. I see a great shorting opportunity arriving by the end of Feb beginning of March. Amzn and yhoo could be 500 then and easily fall 100 points, likewise dell csco etc probably will be due for a decent pullback by then. Let's keep in touch and get ready for it when it comes, but for the next month and a half, all the easy money is clearly going to be made going long. I know several conservative dow type investors who are now buying only internet and big tech stocks. I think that is what 1999 is going to be all about. The dow maybe goes up 10-15% and the Nasdaq 100 50%. And with Greenspan in an easing mode and us having had a serious correction in the fall I see zero danger of any correction coming anytime before Feb so it's bombs away. I think this Clinton nonsense will probably end shortly as well as even conservatives don't want to drag it out much more. That's probably good for another 5% rally. How high do you see dell getting by earnings?

Take care,
Space

PS Note added after posting: larry do you have any idea when dell will announce a stock split? I know you have followed the stock for a long time but I'm new to it. Do they like splitting it at 100?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext