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Strategies & Market Trends : Roger's 1998 Short Picks
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To: McNabb Brothers who wrote (16548)1/5/1999 12:04:00 AM
From: larry   of 18691
 
Hank,

I am not taking anything away from Roger and believe he is a savvy investor. And most of the times his ideas are correct. But the market has shown us that being correct about the fundamentals of an issue no longer guarantees a person to make money.

You are also 100% correct thinking that a majority of these dot-com will trade significantly lower in two years and lots of them will go bankruptcy by then. But short sellers probably don't have that deep pocket or enough guts to average up when they are having a 100-500% paper loss.

good luck,
larry!
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