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Strategies & Market Trends : Is TOTAL SERVICE SYSTEMS (TSS) overvalued ? -- Ignore unavailable to you. Want to Upgrade?

To: Q. who wrote (36)	4/8/1998 2:53:00 PM
From: chester lee	Read Replies (1) \| Respond to of 43

John, TSS is mentioned as a stock to short in the April 20 edition of Forbes in the Streetwalker section. The article was talking about Synous (sp), but did mention TSS as overvalued. Strange though, it also said TSS shares are not borrowable. I subscribe to Forbes and read it hardcopy. It should be available on www.forbes.com, but I haven't checked. I've never shorted TSS, but I'm tempted at $30+. I think shorting TSS is a great hedge for any market correction due any minute now. FWIW, I'm expecting the market to pull back after 4/15. By then the heavy money flow into IRAs will cease, eliminating the pressure for fund manager to stay "fully invested" to whatever level they consider to be full invested. Chester