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

To: Don Westermeyer who wrote (4297)	3/6/1998 5:27:00 PM
From: Oeconomicus	Respond to of 18691

Don et al, here's the text of CPQ's warning. Message 3627272 Sales will be flat from the year ago Q, earnings will be "breakeven", they are "cautious" about the outlook for the second Q. We should be up another 100 points Monday. Larry Kudlow had a nice sound bite on CNBC a little while ago. He said it's like the boy who cried wolf. All these companies have been warning for the last several Qs, carefully managing expectations. He reminds us that in the story, when there really was a wolf, no one believed it. He seems to think there really is a wolf out there BTW. He is a wise man, no? Bob

To: Don Westermeyer who wrote (4297)	3/6/1998 6:24:00 PM
From: Amots	Respond to of 18691

Don. I got a cold-call from a broker, to buy IOM 2 days before they miss. I told him to short them and hang up. (I didn't short them but I wish he was long <g>). Amots