SI
SI
discoversearch

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: Bobby who wrote (1232)1/22/1998 5:08:00 PM
From: frank 3  Respond to of 18691
 
dear bobby

back to the 40's for itwo.revenues increased 7 million.not enough

to keep this one in the air.

frank3



To: Bobby who wrote (1232)1/22/1998 5:12:00 PM
From: space cadet  Read Replies (1) | Respond to of 18691
 
I hope you're right Bobby. I too (pun intended) think this balloon can't go too much higher and shorted it at the close. Wish I had been a little earlier and got it around 60 but it started sinking and I got it near its lows. Hopefully tomorrow this thing will open 3 points down, but I admit I'm nervous. It seems the institutions love this stock so I have no idea if reality will set in or if it will be postponed another few quarters or years. As long as they show good growth things like p/e might not matter.



To: Bobby who wrote (1232)1/23/1998 10:14:00 AM
From: Lazlo Pierce  Respond to of 18691
 
Bobby <<ITWO reported "16" cents, seemingly a penny above expectations which, IMHO, is no where close to sustain its high flyer momentum with a P/E of over 200. A close scrutiny of their statement would also show that the 16 cents excludes what they call "in-process and R&D costs" which, if included, would reduce earnings to 6 cents compared to 10 cents in the prior year period. I smell a rat!!>>
*******************************
Down over 5 this am.! Good Call

Dave