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

To: Roger A. Babb who wrote (8110)	12/10/1997 7:16:00 PM
From: Timoteo	Read Replies (2) \| Respond to of 9285

Roger et all: shorting opportunities. I would add CIEN to your watch list. Earnings beat the street today by .02. Not sure of the whisper, but I'm hoping for a rebound to re-short. Missed it at 60 the other day. I've noticed its been bouncing between 50 and 60 quite readily. A lot of people have made some $$$ in this one and I expect some selling pressure after Jan .1 because of taxes. If I was a venture capitalist in @ under a buck a share, I'd be sweating bullets in this market waiting for the New Year to lock in some profits. Fundamentally overvalued regardless. I think it will drop to high 40s easily with any selling pressure. Best Wishes, Timoteo

To: Roger A. Babb who wrote (8110)	12/11/1997 12:39:00 AM
From: Humblefrank	Respond to of 9285

There's an article about Asian currency in today's 12/10 paper. Most of it is about Dell and how they got burned. >> Dell made a similar move in Malaysia in July, Stevens said, because the negative economic news there made the company feel that the currency, the ringgit, could not resist the pressure to fall. But the problems in Southeast Asia did not make companies rush immediately to hedge their currency exposures elsewhere. Dell, for example, did not hedge in South Korea until October, in part, Stevens said, because of the high cost -- about 10 percent of the amount being hedged. In Hong Kong, Dell hedged on Oct. 23, the day the stock market there fell 10.4 percent. Dell had waited because the Hong Kong dollar's tie to the American dollar was the most secure. >>

To: Roger A. Babb who wrote (8110)	12/11/1997 3:11:00 AM
From: Jon Tara	Read Replies (2) \| Respond to of 9285

Roger, I think now it may finally be time to short CTXS. And I am going to scramble to initiate a short in RMBS in the morning. Hope it holds long enough for me to do that. Here's my wild-ass crazy prediction of the week - look for the fed to raise margin requirements. I think that they have to do this to protect small investors and avoid later finger-pointing at Washington. I also think that there is a good probability of another huge one-day move down in the Dow again, perhaps tomorrow. This time, with the wider limits. We get to "test" the new system. Oh, joy. :(