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


To: Pancho Villa who wrote (7227)11/19/1997 12:15:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 9285
 
Pancho...

Internet Stocks...

FYI

Nov 18: Lycos (NASDAQ:LCOS - news) posts a profit of $0.01 per share while Wall Street expected a $0.03 loss per share for its fiscal first-quarter. Revenue grows 158% to $9.3 million. We said before and reiterate that Yahoo, Lycos and Excite (maybe Infoseek) could become the new world networks. In five years, with the right planning and deals, this group could be more well known than many cable or broadcast groups.

isdex.yahoo.com

I am still betting that these are good long term holdings but as of know they are good shorts. I stay short in YHOO. Also think YHOO is a good trading stock as it goes from the low 40's to the 50's and back again.

Bob T.