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


To: Ploni who wrote (2671)2/10/1998 8:22:00 PM
From: TAPDOG  Read Replies (1) | Respond to of 18691
 
Re: LAMR. Earnings just came out and they read like WDRY. Increased revenues on acquisitions. Increased EBITDA. Net income negative. With increased revenues the stock price is now only 7 times sales in a low profit (or no profit) business.
It is interesting to note the run-up in price prior to the earnings announcement.
I think it's time to start averaging in on the short side.