Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Wexler who wrote (7526)	11/25/1997 5:05:00 PM
From: Pancho Villa	Respond to of 9285

Bill, RE: BFIT. Just a token of appreciation for your most valuable shorting lessons! Yours truly, Pancho! PS: I guess the efficient market theory took a hike on this one!

To: Bill Wexler who wrote (7526)	11/25/1997 5:46:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 9285

The fundamentals on BFIT look bad, I see that they has 20M shares outstanding in 6-97 and now they have only 16M, did they buy back 4M shares with such a lousy record of no earnings? Also, in spite of the toasted fundies, what would propel the stock down? they were expected to lose for last Q, this Q, and the year (-1.56) and next year they are expected to make 27c on the positive side. The negative earning does not seem to be bothering the buyers (like AMZN) so the only thing that I see pushing the stock down is if they don't make their earnings next year which means at least an year's wait (could be lesser, I don't know Quarterwise expectation for the next year). I guess they will take care of the negative cash flow problem by issuing more shares when needed, bad fundamentals do not seem to a hinderance for them.

To: Bill Wexler who wrote (7526)	11/27/1997 5:21:00 PM
From: Pancho Villa	Read Replies (1) \| Respond to of 9285

TO ALL: AFTER A GOOD MEAL, IT IS TIME FOR A GOOD WORKOUT. The following link is a gold mine of year 2000 short possibilities I am slowly working my way through it. I click on a link read about them run a search on Yahoo for the ticker if not obvious on web site that it is a publicly trading co. then hit edgar. year2000.com Pancho Hot out of the oven: promissing new IPO: Sofware AG. (AGS) NYSE biz.yahoo.com Will study and report back