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 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: MIKE DUBIS who wrote (711)	1/14/1998 7:47:00 PM
From: Cosmo Daisey	Read Replies (1) \| Respond to of 18691

Mike, The chart is flat with low volatility. The shares out is 22.5 mil and the float is tiny at 3.2 mil (like AMZN) which means that insiders and institutions control this stock and can turn the screws anytime they want to just like AMZN. The past earnings were good, I didn't look at todays earnings. Why do you want to short RMBS? Coz

To: MIKE DUBIS who wrote (711)	1/14/1998 8:26:00 PM
From: Peter V	Read Replies (1) \| Respond to of 18691

THe RMBS followers on their thread said earnings estimates were .05, and they came in at .06, 20 percent above estimates. The stock has traded at unbelievbly high PE for some time now, and the asian flu didn't hit it nearly as bad as I thought it would have. THere is GREAT expectations for future earnings on RMBS, since nearly all next generation computers will have to use their patented technology to achieve the speed required. It is trading on future hopes, not current revenues. This is all seat-of-the-pants commentary, but I would be hesitant to short RMBS.