Future growth stocks of 1997 Message Board

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Technology Stocks : Future growth stocks of 1997

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To: Paul Schmidt who wrote (357)	2/4/1997 5:26:00 AM
From: Bill Edwards	of 391

Quite wise. Quoting Peter Lynch, "Don't rush in. If someone tells you a stock's going to go from $2 to $200, its fine to tune in nine months later at $8." I am still waiting to see what the Silicon Investor favourite Amati is going to do. I have no qualms about going long or selling short on the same stock. If it is bad judgement to be long on Zoltek, then it makes good sense to turn bearish on it. Only I'm not going to put my head in the mixer. Some savy A+ mutual funds own the stock and the management owns 43%. The company has low debt (5%) and are currently sitting on $75 million cash which means they aren't gonna go broke. The final nail in the coffin is that institutions bought more shares 2.1M in another public offering at $32. This tells me there is a floor in the price already. They don't mind lending those shares out to the bears and then putting the squeeze on by suddenly recalling those shares into a cash account. Which means the shorts would have to cover. I like to do my homework. Research as thoroughly as possible and avoid the hype as well as the doom. I went to Barrons online trying to find out why they rate Zoltek as a short for 1997. I couldn't find anything. Can you please tell me what the reasons were for Barrons shorting Zoltek

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