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

To: Roger A. Babb who wrote (3756)	2/27/1998 10:51:00 PM
From: S Shaw	Read Replies (2) \| Respond to of 18691

Roger: RE:SMTK I looked at the earnings release that came out yesterday after the close of the market. There was a $65million one time charge and while there numbers for minutes sold was up, there was no indication of what the numbers would have been without the acquisitions. Was today's jump manipulation by MM's in preparation for insiders selling? The numbers themselves don't seem to justify today's action let alone the rediculous P/E that they are sporting. Or am I missing something? Scott