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


To: CalculatedRisk who wrote (2602)2/10/1998 6:22:00 AM
From: Bill Wexler  Read Replies (6) | Respond to of 18691
 
TPRO should be watched very carefully.

This is another Y2K-hype-nonsense company with no meaningful financials.

I've been watching the TPRO thread. All the usual Y2K believers and cheerleaders. The story here is that TPRO is the only company which addresses "factory floor" and embedded systems Y2K problems.

As usual, there is little to no evidence to back up the hype. What really piqued my interest was when I found out that Emerald Research - who were also partially responsible for the Zitel stock fraud - is actively promoting TPRO. the current unverifiable rumor is that TPRO is in some sort of contract negotiation with Intel (sort of parallels the Zitel/George Soros rumors).

The stock has broken out on large volume. It is now marginable. However, from past experience with Zitel, I don't underestimate the ability of Emerald and its associated shills to corner the stock. I think that if the Intel rumor can be proven false publicly (and I personally think it is false since I can't imagine why Intel would permit a schlock operation like this to set foot inside one of its fabs, much less "remediate" any imaginary Y2K bugs) then the stock should be shorted immediately after the release of such news. In the meantime, I think the way I'm going to play this one is to reserve shares in the morning and watch the news wires.



To: CalculatedRisk who wrote (2602)2/10/1998 9:22:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 18691
 
Bill and all:

Thought I would show a picture of Mike and I look! This was taken yesterday after the AOL run! We made it through yesterday, but not sure if we will be knocked over soon!

webcom.com

Hank