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

To: mike linnihan who wrote (8820)	12/24/1997 3:14:00 AM
From: Dale Baker	Respond to of 9285

Why would anyone double up in SHEL except to short more? SHEL just missed its second quarter in a row by a LARGE margin. They were slated to lose .44 in FY98 and they are .32 of the way there already. They are only estimated to make .48 the year after that. This is a major tax-loss seller. My original target was 10 to cover, but I may look for more depending on the market climate in January. As for going long, I wouldn't touch this with a full bomb-protection suit on. Why should you, with other promising longs out there? P.S. For ideas, click on my profile and find my 50% Value Gains thread. A few suggestions offhand are CREAF, THQI, TMBS, ATLPA and FTIC, all after January 1.