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


To: Ploni who wrote (8991)12/28/1997 10:22:00 PM
From: tcarnes  Respond to of 9285
 
dear charles thanks for the input. happy hunting tj.



To: Ploni who wrote (8991)12/28/1997 10:59:00 PM
From: Mama Bear  Respond to of 9285
 
>>>Regarding ENML, Barb Payne has been short this stock for several months, so try to get her opinion of where it should bottom out, or if she thinks it's a terminal candidate.<<<

I am of the opinion that it will eventually be a terminal case. That being said, I thing Fox (the CEO) is a great stock hypester, and has a few tricks up his sleeve for the new year. He still has a boatload of stock to get rid of after all. I shorted 2 positions, one to trade, and one to hold to less than 5. Average of 17 11/16. I am getting ready to cover the trading position, as it appears on level II that the underwriters (Lehman bros and Rodman & Renshaw) are offering some support to the stock here at 11ish. Perhaps I'll be sorry, but somehow I think I'll get the chance to short it again over 17. I believe the dump is over, time for the pump.

Barb