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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 (8270)	12/13/1997 12:27:00 AM
From: Hank	Read Replies (1) \| Respond to of 9285

Here's a daring short for those so inclined around the end of Jan.---BMY Why? Well, the first round of employee stock options comes to maturity in Feb. It stands to reason that the market will be in a ponderous position by then and many BMY employee's will bail. You may not get more than a few pts but for those with the capital to short it, it is an almost sure fire short term winner. Of course, market conditions must continue to be bad for it to work. Hank

To: Roger A. Babb who wrote (8270)	12/13/1997 1:53:00 AM
From: Bill Wexler	Read Replies (3) \| Respond to of 9285

Nominations for biggest, overblown, hype story of 1997.... IMO the hands down winner should be: #1 - The Y2K "crisis". followed by... #2 - Magic pills for impotent men. Not only has it fueled speculation in garbage like Vivus and Zonagen - but even put hot air under reputable drug giant Pfizer, as analysts have projected ridiculous multi-billion dollar revenue streams from these drugs. I guess the analysts figured that 100% of the general male population would become impotent. I figure they probably extrapolated after studying men who work on Wall Street. #3 - Bre-x. We project 10 million ounces....25 million ounces....70 million ounces.....100 million ounces.....Oops! Guess there isn't any gold at all! Now please excuse me, I'm late for a meeting with my Cayman Islands real estate broker. Any others?