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


To: Bob Trocchi who wrote (503)1/9/1998 11:25:00 AM
From: Eric Klein  Read Replies (1) | Respond to of 18691
 
Bob,
ACLY - Thanks for good information regarding VAX. I wonder why ACLY isn't playing the Pascal card? BTW Pascal was the first language I learned in college (many, many years ago), already knew some basic.

BTW, I am short ACLY at 23+ along with DDIM and ZITL and like you I can't understand ACLY's current strength except all stocks immediately go against me when I first take a position.

I've had the same experience. Lets hope it's not repeated here. I shorted at the open at 24.75. Their story just seems so bogus, and the valuation almost unbelievably rich, I couldn't help myself.



To: Bob Trocchi who wrote (503)1/9/1998 12:43:00 PM
From: Timoteo  Read Replies (3) | Respond to of 18691
 
Bob-another bad day for the market-I sense the sentiment definitely shifting. Call me foolish but I actually bought some Adaptec today @ 21 1/8. Think the selloff (off 40%) is a bit overdone for a real company with a PE of about 12 with the earnings warning.

Timoteo