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

To: vegetarian who wrote (2105)	2/2/1998 12:48:00 PM
From: Roger A. Babb	Read Replies (4) \| Respond to of 18691

M Carter, this market is just crazy. ETEC is now up for the day after announcing that it will not meet earnings, a big miss. I asked a broker friend of mine about ETEC. He said the word was out to buy it because the lower earnings this quarter would cause an increased growth rate looking at the projected earnings, the higher growth rate means a higher PE and thus the stock should go up. Lower earnings is bullish?????? I am just too old to understand this new math...... I shorted more.

To: vegetarian who wrote (2105)	2/2/1998 12:57:00 PM
From: Pancho Villa	Respond to of 18691

>>Pancho, do you think AOL will not cross 100?<< You bet it will. Probably today >>I will short on the downtrend though, leaving a few bucks on the table<< probably wiser. >>Anyways, I am just holding my longs but will not take a long position for a while regardless of how attractive it may seem. Hedging those with shorting dogs whose financials suck<< I am doing the same. Took a position [long] on OXHP today but my AHP AOL short positions combined are 6X my OXHP so I had a net increase in my shorts. Pancho