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

To: KM who wrote (6288)	10/29/1997 10:41:00 PM
From: Jon Tara	Respond to of 9285

The entire brokerage sector is going to make bundles off of this volatility. The only way I would short EGRP would be to offset it with a long on another brokerage stock, Schwab, etc. (Schwab makes the largest percentage of their revenues from commissions, and so would be a good long candidate for this hedged position.

To: KM who wrote (6288)	10/29/1997 11:05:00 PM
From: James Edge	Respond to of 9285

<<Will they lose customers...?>> They're going to lose me.

To: KM who wrote (6288)	10/29/1997 11:38:00 PM
From: John Nowicki	Respond to of 9285

Actually, in the Washington Post there was an article on how well all of the major on line brokers weathered the last few days. Since the majority of people don't have these accounts, but do read the newspaper...I'd avoid trying to capitalize on the problems you experienced. Most people actually think these would be better buys than they thought before the crash.

To: KM who wrote (6288)	10/30/1997 3:13:00 AM
From: Dan Ross	Respond to of 9285

I think EGRP is a long-term short. What I am trying to say is that the recent volume definitely helped them -I'm sureof that. Their revenues will probably surge this Q due to all this damn volume. However, after next Q, the stock may be a good short. Dan Ross