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

To: Michael Berkel who wrote (8331)	12/14/1997 8:47:00 AM
From: Michael Berkel	Respond to of 9285

Check out Sofamor Danek (SDG). Not the ideal moment to short since the stock already lost a good percentage of its value during the last 2 sessions, due to a negative FDA ruling in favour of the competition. But I find the company still expensive although I must hasten to say that I haven't the faintest idea how much the FDA's decision will ultimately impact the next couple of earnings and what other profitable devices this company has in the pipeline. I hope that there is somebody out there who is really knowledgeable about SDG and who could tell us how low it can go. If at all. Michael B. email: berksa@global.co.za

To: Michael Berkel who wrote (8331)	12/14/1997 10:56:00 AM
From: KM	Respond to of 9285

Michael: << Is IOM still a good short at these levels?>> You can't lump it in with the rest of the disk drive companies. It has, by most accounts, little or no Asia problem, in fact is benefitting from the Malaysian currency thing. It cratered some with the rest of the techs last week but if you look at the chart and the buying patterns last week, it seems to be at pretty solid support. Of course, all of this could mean nothing if we get a real market meltdown, but then, you could short anything and win. All of this just my opinion (I am long IOM, for disclosure purposes). Bearded One has his own ideas though on the subject which are interesting and worthy of consideration. Box makers: Dell, Compaq, Hewlett Packard, Gateway