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

To: Lazlo Pierce who wrote (8612)	12/18/1997 11:29:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 9285

David, I am watching BLDPF too, but no position yet. I need to research their technology.

To: Lazlo Pierce who wrote (8612)	12/19/1997 5:26:00 AM
From: Bill Wexler	Respond to of 9285

Don't make the YHOO mistake... I posted a few comments about the danger of shorting momentum stocks until enough news is available about the target company. It looks like BLDPF is still in the "story" stage. If investors are willing to bid it up to these levels with such a large time horizon until the payoff, then there's no reason it can't be bid up higher. As long as the company keeps its nose clean then the sky is literally the limit. When YHOO was trading at a 1 billion market cap, everyone here was laughing at the insane valuation. We then watched it climb to a 3 billion market cap in the space of a few months.