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Strategies & Market Trends : Making Money is Main Objective -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (1)	12/22/2000 3:50:38 PM
From: stormrider1	Read Replies (1) \| Respond to of 2155

Good luck with the thread Techie! I'll be around. BTW nice call on ICIX, I am liking it. Mike

To: Softechie who wrote (1)	12/22/2000 4:25:02 PM
From: ToTradeWell	Read Replies (1) \| Respond to of 2155

Count me in! I like the title! Found this today on TSC from Herb Greenburg "Short report: Caught up with Jim Chanos yesterday, whose Kynikos Associates is believed to be the country's largest short-selling fund. He concedes it has been a good time to be a short-seller, but now he believes shorts will have to be more selective, especially on the Nasdaq. "If you're a bear you have to look at companies where the business plan still is not viable, and where there are business issues combined with lofty valuations," he says. "That said, on the New York Stock Exchange things that are questionable are still trading near their highs, and we've moved our focus from the world of tech stocks and the Nasdaq to consumer stocks and the NYSE." Which ones? Chanos almost never goes on the record with his shorts." thestreet.com I'm already searching the dow & Naz for those questionable overvalued stocks with suspect business plans. I'm also ready to go long with anything where the risk/reward ratio is screaming in our favor. My goal is to trade well. Have a great weekend and a Very Merry Christmas! TTW

To: Softechie who wrote (1)	12/22/2000 10:54:00 PM
From: put2rich	Read Replies (1) \| Respond to of 2155

Softechie, I like to suggest DISH, PGTV as short once the Naz starts to going down after some bullish runs. The fundamentals of these companies are bad. It seems they never can make profits and are deep in debts (esp. DISH), and the market caps (even at 1/4 of peak levels) still are overvalued. Please do DD in both FA and TA. From yahoo for DISH EchoStar provides direct broadcast satellite (DBS) programming services and products such as DBS set-top boxes, antennae and other equipment. DISH also provides turn-key delivery of video, audio and data services. For the nine months ended 9/30/00, revenues rose 76% to $1.91 billion. Net loss applicable to Common and before extraordinary item rose 45% to $449.8 million. Results reflect increased DISH Network subscribers growth, offset by increased marketing and administrative expenses Book Value (mrq) -$0.91 Earnings (ttm) -$1.44 Earnings (mrq) -$0.28 Sales (ttm) $5.18 Cash (mrq) $3.42 Valuation Ratios Price/Book N/A Price/Earnings N/A Price/Sales (ttm) 4.40 Income Statements Sales (ttm) $2.42B EBITDA (ttm) -$310.2M Income available to common (ttm) -$671.0M Market Capitalization $10.8B Shares Outstanding 473.4M Float 56.4M Percent shorts is 17% of float Regards, (In hindsight, I should keep my short at 45+, but always out for tiny gains while hang on losers too long)