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


To: Roger A. Babb who wrote (1131)1/21/1998 4:15:00 PM
From: taxikid  Read Replies (1) | Respond to of 18691
 
roger.. how can you compare non-earning entities with bogus solutions to ctxs {which is overvalued}?
we have been down this road before.. you have stated @30, @40,50,60,70 that this stock is overpriced..
i feel that you will be vindicated only thru averaging up.. and finally when the stock converges with its fundamentals-$30s-$40.00
that it will be fairly priced.. {using grahams methods and allowing a higher p/e for growth}
i think you are grasping @ straws here..looking for a reason to short more..
just short the SOB and wait.. spend your time analyzing the next one...
you happen to be quite good at that..
JMHO
taxi



To: Roger A. Babb who wrote (1131)1/21/1998 4:53:00 PM
From: Alias Shrugged  Read Replies (1) | Respond to of 18691
 
Roger

Have been following the thread for a while. Today, sold 5 June
70 CTXS calls at 15-3/8ths.

What do you rate the chances of CTXS being bought or exploding to the upside.

Do you prefer shorting stock as opposed to buying puts or selling calls.

Mike



To: Roger A. Babb who wrote (1131)1/21/1998 9:01:00 PM
From: Timoteo  Read Replies (1) | Respond to of 18691
 
Roger- I was thinking along the same lines and would expect to see a split followed by some massive insider transactions. As far as Taxi's comments, most hype companies don't start out that way. VVUS, VIAS and ZITL to name a few of my favorites were real companies with real products, some actually effective. But when you discover the potential of the market to make you a multi-millionaire and watch your company's market cap soar to a billion or more, its easy to lose sight of whatever it was your business actually did and focus on pumping the stock price. I've seen it happen many times and I'm sure I would do the same if I had the opportunity. Ain't capitalism great?!

Timoteo