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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (16858)1/11/1999 10:32:00 AM
From: Hank  Read Replies (2) of 18691
 
Roger,

Take a look into MSTR for me and tell me what you think. Their growth rate is nominal compared to their valuation and I hear their accounting practices are somewhat "aggresive". A big lockup ended last December 10th, which accounts for the current squeeze (read pump and dump)and their competition is substantial. CEO also likes to make bold exaggerated claims about the future of the company. It may spike to 38-40 but then collapse to around $10 IMHO. I'm short in the 30's. Also, PIXR is due to collapse soon too. I give this run 44-45 on the upside tops with a potential bottom around 15.

Hank
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