Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ploni who wrote (4900)	3/13/1998 12:20:00 AM
From: Joey Two-Cents	Respond to of 18691

It was either the 1/01 or 1/99's so I decided to go a littler further out and sleep better. CMB an CCI went down 20% to about 100 in October/November on the news of Asia. A similar drop in the next couple of months would probably double or triple the value of my puts at which time I would sell 1/3 or 1/2 and hold the rest. I believe that by the end of the summer or early fall the gravity of the Asian situation will start to be really felt here. Only when the workers in the US start being affected and change their saving patterns will the market start its long decline. PE's of 25, BV of 5x's its insanity. As for JPM I wouldn't touch it at this time and BT I've heard they have derivative exposure. However let me check into that. Another good play mentioned early today on this thread was Eastman Kodak who's biggest competitor is Fuji Film.