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


To: Bill Wexler who wrote (8473)12/16/1997 4:56:00 PM
From: S Shaw  Respond to of 9285
 
Bill:

Took another shot at AVNT and pulled the trigger at 18 after covering at 17and change yesterday. Thanks for the food for thought.

Scott



To: Bill Wexler who wrote (8473)12/16/1997 5:16:00 PM
From: Redman  Read Replies (1) | Respond to of 9285
 
Bill,

12 months ago ctxs was trading at $48. This stock took a bath in late february for no reason other that threats from msft, 3 months later the stock rebounded as msft stated they needed ctxs.

People keep talking about this stock being 600% up. Roger is very familiar with the situation. Technically the stock is up approximately 45% over last 12 months.

I am long the stock and happy with my positon, but I can also see the short side of this stock aslo. It is a traders dream in the short run, in the long run I believe it will be much higher than 84 where it fell from.

PS: My basis is about $14 per share, so don't think I am just an angry long.

green (formerly red)



To: Bill Wexler who wrote (8473)12/16/1997 9:24:00 PM
From: tcarnes  Respond to of 9285
 
dear bill 500% of what so a co. who makes 100,000 one
year an and 5 mil the next big deal if the stock is
selling at 56 a share read my last post. yhoo should
be selling at 5 a share and ctxs at 20 based on sales
try a real co. like dgn. and don't talk % talk real sales.
i hope i didn't say any thing wrong. sorry tj.