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

To: scope who wrote (8759)	12/23/1997 10:00:00 PM
From: Pancho Villa	Respond to of 9285

Scope: RE BFIT. Nice to see this puppy going down a bit today. IMO when this puppy crashes it is gonna crash big time. However, the dummies in the street will have to see a couple of bad quarters which I am sure are coming, if not Q1, Q2, then Q2, Q3. I agree this sucker will stay up there until next year. This is beacuse all the suckers decided to have blind faith on the CEO supporting the .02/share profit for FY98. He is gonna have to it his words! You read their SEC fillings I it is amazing to see how people fall for the BS about doubling margins and alternate sources of revenue. Still IMO BFIT is the best short kept secret in SI (there are not many anymore) even Barron's is following us! (e.g., CDRD last week). Another reason why the stock is going up is the expected good Q1 due to seasonality n the Gym business (like if this were an umpredictable event); and also Along with yhoo and aol, the drug makers, and the y2k stocks BFIT is part of the invincible Asian proof crowd, this is the rationale brainless traders have for keeping on pumping these puppies up Pancho