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


To: Ploni who wrote (3518)2/24/1998 12:42:00 PM
From: Mr Logic  Read Replies (1) | Respond to of 18691
 
Charles, there are many high flying tech stocks I feel are due for correction - ITWO, SEBL, PSFT among them. The problem is one of timing, which is why I am happier being short than buying puts and watch them expire. A general market correction should affect these, but more likely earnings not quite up to scratch (cf. Oracle misses by a few c and gets hammered). Sometime in 98 I expect to make money on these (not short PSFT yet).
P.



To: Ploni who wrote (3518)2/24/1998 10:51:00 PM
From: Philippe Thibault  Respond to of 18691
 
<SEBL> I have read conflicting posts about SEBL today, in one case SEBL is suppose to increase authorized shares by 200MM,
see the two following:

messages.yahoo.com@m2.yahoo.com

Message 3492563

in the second case SEBL is suppose to split
Message 3436104

are these speculations or facts? References and/or opinions are welcomed.

Thanks

Phil

P.S. Initiated a short position in SEBL today.



To: Ploni who wrote (3518)2/25/1998 1:19:00 PM
From: Tino  Read Replies (1) | Respond to of 18691
 
Just lost my cool and covered SEBL before it would have killed me.

Too much momentum in this stock. Nobody cares about FA anymore anyway. Check out this latest "rumor":

Message 3527059

Good luck to everybody who is holding on. Now that I'm out it should only be a matter of days till it crashes :-)

-tino



To: Ploni who wrote (3518)3/2/1998 10:19:00 AM
From: Ploni  Read Replies (2) | Respond to of 18691
 
Subject: SEBL

Last Tuesday:Based on RSI and Stochastics, this one looks about ready to correct.

I'm already deep underwater on my SEBL short, and instead of shorting more, bought March 50 puts.


Of course, SEBL continued to soar, and my puts quickly lost 70% of their value.

This a.m., SEBL announced they will buy SCOP with stock. Both are still halted, I believe. Any ideas what this would/should do to SEBL stock? Am I correct that the biggest short-term hit will happen immediately, and I should sell my puts right away?

I guess in the long-term, it may be a few quarters before we hear how the merger goes, if it's accretive to earnings, or not.