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

To: Fernando Saldanha who wrote (1707)	1/27/1998 5:24:00 PM
From: Roger A. Babb	Respond to of 18691

Fernando, thanks for the info

To: Fernando Saldanha who wrote (1707)	1/27/1998 5:33:00 PM
From: vegetarian	Read Replies (1) \| Respond to of 18691

>>Another company that rebounded recently but is probably in trouble in the long run is SGI. I would like to see it hit $18 before shorting it.<< So you don't think SGI could be acquired by say IBM or someone else like DEC was? With their current performance why would you expect it to go to 18 in the first place? and in the current situation if it did, would that not be a big concern? before the DEC acquisition news came in, the stock went up for about 10 days for no reason in spite of guiding analysts down by 25% for next Q rev and upto 50% price cut announcement; luckily I had only bought puts thinking that it would sell off on some insider news that had leaked out (which I did not think would be a buyout).