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

To: Roger A. Babb who wrote (8910)	12/26/1997 4:37:00 PM
From: Bearded One	Respond to of 9285

This one seems overvalued, but you never know.. At Home (ATHM) biz.yahoo.com Highlight: Market cap of 3 billion on sales of 4 million.

To: Roger A. Babb who wrote (8910)	12/26/1997 7:55:00 PM
From: Craig Gordon	Read Replies (1) \| Respond to of 9285

Dear Roger: Merry Christmas and thanks for a great thread. I hope 98 is as good as 97 was, if so I will be delighted. I have studied high fliers and their historical stock pricing patterns. Obviously no one knows which way Yahoo will go but here are my thoughts for Yhoo price movement in 98. Yahoo should top out between 73 and 77. It will go into a pattern that will turn out to be a bull trap, but you wont be able to read it on the chart until Yahoo breaks down to about 59-60 range. At that point the breakdown will be readable chartwise. I expect it to break down to 42-44 and then rebound to at least 55. I expect it to breakdown into the 40's 3-4 times therafter during the year with a corresponding rebound into the 50's or high 40's. Each rebound will be weaker either pricewise or volumewise or both as the money people that move the price in this issue have been able to totally load up the truck on the short side. Once that happens they will flush it to 22-23. If you can time this rollercoaster you will be able to make a fortune. 1998 will be a great year for those who can trade Yahoo with a good reading on the price swings. This stock could be a career next year. 1000 shares at risk short or long could pick up 100 points in this one in 98. For what it is worth I am too early, as I am short already. The history of drops in stocks like this high flier is that they all have fallen very quickly. They usually bottom out at 88,44 or 22, before rebounding. Good luck to all on this thread in 98. There will be many opportunities, but 98 may be a dangerous year for the short siders. 97 was supposed to be a bad year and it was great for the longs. 98 is supposed to be a great year for the longs. It will either be fantastic or flat. I don't anticipate a down market in 98, however there may be a correction and a bounce to 10,000 on the Dow.

To: Roger A. Babb who wrote (8910)	12/26/1997 11:29:00 PM
From: Michael	Read Replies (1) \| Respond to of 9285

My Friend Roger, Zitel must be on your list. This year I have shorted VTCH, CHK, TRC, IOM , AMZN and made money. I lost shorting AOL, YHOO. I made the most by just going short almost all Zitel, now.(little TRC) There is no stock in the above group, that could go down over 75% Except Zitel ,with the fact that Zitel/MatriDigm only reporting $132,000 in y2000 revenues. It is very clear to any sensible person that Zitel will not realize any significant y2000 revenues. Therefore Zitel might not be able to pull off another Reg. S deal Zitel . Then it will likely go bankrupt in 1998. When Zitel does declare bankruptcy ,then what do you think Zitel's share price will be? Your Friend, Michael