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

To: Michael who wrote (6394)	11/2/1997 9:49:00 PM
From: Dan Ross	Respond to of 9285

Hong kong market is up 6% after 30 minutes according to Bloomberg....DAMN!!!! I made 3 points on my AOL short last week....I covered and will watch it carefully.....Still long MRVC...great company that is WAY UNDERVALUED.... Dan Ross

To: Michael who wrote (6394)	11/2/1997 10:06:00 PM
From: Roger A. Babb	Respond to of 9285

Michael, it will take longer than you think for Zitel to fade from sight. My predictions: 1. A slow fade to $10. 2. Another reg S to raise cash. (Early 1998) 3. Drop to $5, holds there for a while because not shortable anymore. 4. Hangs in $1 to $5 range for a few months. 5. Another reg S (Early 1999) 6. Drops to pennies 7. Delisted But this is not to say there won't be a few run ups along the way based on hype.