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Strategies & Market Trends : APMP (formerly APM) -- Ignore unavailable to you. Want to Upgrade?


To: WTMHouston who wrote (9521)12/29/1997 12:57:00 AM
From: Alan Lee  Read Replies (1) | Respond to of 13456
 
<< Any particular reason for thinking it will tank more this week? >>

Nah, just a guess for the contest, my real short (8 1/8 in late Nov) will be covered at 7 if it shows any strength ... otherwise I'll wait a while longer to see of anything else bad happens. There were a couple of quite negative sounding downgrades of this stock a few weeks ago right before I shorted it - but like you said, the apparent manipulation took most of the shorting potential out of this stock before that, and a lot of what could go wrong (being forced to shut down some or all of their south american casinos, for instance) probably won't be decided for quite a few months. This and ZITL (short) are still the only stocks that I'm still ahead on after the dd, high-tech, semi equip. etc.
disasters of the last couple of months.

PS Someone on one of the shorting threads seems to think it has a ways to go yet - these guys seem to be pretty good at picking shorts.

Message 3029043



To: WTMHouston who wrote (9521)12/29/1997 12:59:00 AM
From: srvhap  Respond to of 13456
 
********** On Stock On Week ***** Orctf Lng open 12/29
I like orckit in this range, they are one of the pure xDSL plays that are starting to make money now. They just had their first profitable
Qtr - did IPO in June of 96. They have a fair amount of cash ~30MM, very good technology, good partnerships and are very well run.



To: WTMHouston who wrote (9521)12/29/1997 11:26:00 AM
From: Follies  Respond to of 13456
 
*** 1 stock ya da ya da ya da..SECX Long Close 12/29

Oversold , cheap.



To: WTMHouston who wrote (9521)1/5/1998 10:10:00 PM
From: srvhap  Respond to of 13456
 
****** One Stock 1 week ******* IDTI Long op 1/6 ***
Troy - I meant to get the pick in last pm but got tied up with life.
Also, I would like to pick Oracle long next week. I think that some of those shares dumped on 12/9 - 12/10 may be picked back up after the 31 day wash.

Best of luck.

Tom



To: WTMHouston who wrote (9521)1/6/1998 7:46:00 AM
From: Zakrosian  Respond to of 13456
 
***1 STOCK 1 WEEK***AOL short open 1/6 (if not yet taken)
I'm betting that Netscape's drop will spill over to AOL. AOL is trading at what seems to me ridiculously high levels. Sooner or later, traders will start shorting and investors start selling this stock, which is trading at 270 times its highest 12 month eps.