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

To: craig crawford who wrote (7568)	11/26/1997 6:52:00 PM
From: taxikid	Respond to of 9285

i wouldn't touch it on a dare... 6 mil float- insiders have a large chunk here so the longs have to pay to get a slice of the pie- have not done any due dil, figured you had all the info- you usualkly are well prepared.. acai was in the same boat @ 19- no p/e prop planes, etc etc- high ratios- and they went from 18{i thought it was the top- but wanted to watch rather than play} hung around 18 and went to 25 recently.{24++} not a big jump- but if i shorted @ 18 i wouldn;'t be too happy %% wise... best of luck taxi- while your pick can go either way- the short interest is not super high compared to avg daily volume- maybe shorts hedging against their long positions? taxi

To: craig crawford who wrote (7568)	11/26/1997 6:56:00 PM
From: taxikid	Respond to of 9285

reread your post a buck a share no debt- a buck saved is a buck earned? selling for 20x cash no debt- maybe they have some hidden assets?? i wouldn't hit it unless you told me something about what the company does.. like what they sell-{like they are selling ice making machines in anatartica} or something- i will look deeper if you like... taxi

To: craig crawford who wrote (7568)	11/26/1997 10:45:00 PM
From: scname	Respond to of 9285

Do you mean mind is a good short or a good long? I'm short mind. Strictly drilling thread just posted their earnings at 25 cents, which meet estimates.

To: craig crawford who wrote (7568)	11/26/1997 10:48:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 9285

I'm not sure if you are suggesting shorting (MIND). This company has been very strong in oil services. Even though the sector has been trashed pretty hard the last 3 weeks, MIND always bounces back. Fundamentals very good; rated one of the top managed small co.s by FORTUNE a while back. IMHO short would be dangerous. However, MIND is fairly volatile with reasonable vol. and thus could probably make for a good day trade. Good luck! drsvelte