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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Graeme Smith who wrote (6113)10/27/1997 12:26:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 9285
 
To All:

I know that today is a day for shorts but markets will reverse.

In the current issue of Fortune there are two articles of interest.

The first discusses long term trends in High tech. While the article focuses on the best bets, there can be some good ideas for shorts in companies that might not be listed. IMO it is an excellent article.

The second article is on Ascend which is of interest to some on this thread.

Regards

Bob T.

+++++++++++++++++

Article #1

>>November 10, 1997
10 Tech Trends To Bet On

The computing revolution is roiling every industry in sight. Here's how investors can make sense of the turmoil.

David Kirkpatrick; Eryn Brown; Melanie Warner; Michael H. Martin; David Stipp<<

pathfinder.com@@CG0JZQUAZCqXfdSV/fortune/1997/971110/ten.html

Article #2
>>November 10, 1997
The Scariest Tech Stock Ever!

The Ups and Downs of Ascend

Andrew Serwer<<

pathfinder.com@@3BAaWgUAZyp6bViP/fortune/digitalwatch/1110dig.html



To: Graeme Smith who wrote (6113)10/27/1997 12:59:00 PM
From: Jon Tara  Read Replies (2) | Respond to of 9285
 
I find that VectorVest typically comes out with unreasonably high valuations.

I wonder if this is because they are assigning multiples based on market averages. The market seems to be saying now that it it unwilling to continue to support those multiples.

Does VectorVest adjust their multiples depending on market conditions?

Relying on Vectorvest for valuations could lead you seriously astray.