Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fernando Saldanha who wrote (9206)	12/31/1997 9:14:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 9285

Fernando, I was short Avant for the first part of its drop, but covered to go after other opportunities. It is probably still a good short. I have also played Corel a bit from the long side lately, no position now. Seems like there should be value there, but I am not so sure now given my bearish expectations for the market as a whole.

To: Fernando Saldanha who wrote (9206)	1/1/1998 2:35:00 AM
From: Brad Davies	Respond to of 9285

Fernando, I would be very careful of Corel as a long. I was short from 12 and covered at 7 (I needed the funds for other reasons at the time). Michael Cowpland is a megolomaniac. He is not responsible and recently sold 20M of stock in advance of a negative earnings announcement. There is no reason to believe they are turning around their losses. They are trying to compete with MSFT and Lotus in the office suite business. Not a bet I would make. If anything they are still a short, although I gather most U.S. brokers won't let you short cheap stocks like this one. Best of luck Ron