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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Thibeau who wrote (271)	1/6/1998 9:20:00 PM
From: James F. Hopkins	Respond to of 18691

Jerry; ITWO may be a great company , but like they say a rising tide floats all boats, and a falling tide lets them all fall, Software from MSFT on down as a sector is now one of the worst going..just do a scan on software on yahoo and look at them. Under thoes conditions a company may do well in and of itself..but it's stock can languish untill the tide turns.. it's just a poor sector to bet in for the time being. You picked shorts off SI..all I did was scan software and toss out everthing that hadn't got hit and made a paper portfolio..they are getting creamed. Stock price most often don't have a thing to do with how good or bad a company is. That's a fact, ITWO is about 55 1/2, and I venture to say she will see 45 1/2 before she sees 65 1/2, maybe not but she has escaped so far, how ever the fund managers don't dump them all at once, but before long they will take her out behind the barn and milk her, if not shoot her. Untill this run aginst software is over you not get me to buy one, no matter how good it is. Jim