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


To: Bill Wexler who wrote (2604)2/10/1998 7:25:00 AM
From: Pancho Villa  Respond to of 18691
 
>>TRBO acting up again<<

I noticed. However, I was busy with AOL. I guess bad companies take a while to die. One thing puzzles me though. In the fall of 96 I bought GES (Guess!) at $12 (IPO went at 18 in that summer). Leveraged company but cash flows looked good, PE of only 10, A well know American brand, I got out at 9 a couple of months ago, now trading at 5+. They do have problems getting their positioning toghether but their certainly have a bit more potential than TRBO.

>>It looks like TRBO is trying to make another run at 10 a share. As ...usual - make certain to reshort it immediately upon release of the news.<<

If this happens, I will probably cover AVNT and short some more of this dog, IMO this one is safer than AVNT.

Pancho
Pancho