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


To: Lazlo Pierce who wrote (4787)3/11/1998 7:17:00 PM
From: Pancho Villa  Respond to of 18691
 
Dave RE: AVEI thanks! I was pleased to see Herb give AVEI a seal of approval. My other two (I mean three) reasons for shorting the stock:

1. Insider selling.

2. A ton of lawsuits that seem to have merit from bit cats like J&J. They seem to be mean and trick in their dealings with others (read the latest 10Q/K)

3. Asian exposure

All in addition to the extreme avervaluation.

IMO no need to be a rocket scientist on this one. Momentum may take it further up but I don't care. Unlike, AOL I did not take an extreme position on this one, can wait for a highly likely event: Shre price of 20 or less within next 20 months. Write that somewhere.

pancho