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

To: wggm who wrote (5068)	3/16/1998 8:39:00 PM
From: Candle stick	Read Replies (1) \| Respond to of 18691

AMZN falls 30 points overnight on analyst sell recommendation: Scared ya, huh?! Don't laugh it could happen: Shopping.com (IBUY), another internet darling, was slashed by 35% today. Down 10 9/64 to 21 7/8 from 32 1/64 Friday......could this happen to AMZN? Think about it, one analyst put a sell on IBUY based on valuation and the stock lost 1/4 of its value in one day........read the report here: newsalert.com Make up your own minds, but consider the possiblity that one day soon the analysts will turn negative on AMZN and it could drop 30 points in one day.....food for some serious thought...........;^)

To: wggm who wrote (5068)	3/16/1998 11:42:00 PM
From: Mama Bear	Read Replies (2) \| Respond to of 18691

wggm, that is not the way I read Asensio's recent AVNT report, but it would have been better for me to have done so. But I will hold my AVNT short, and am actually looking to reshort the trading half of my position. You must understand that I am deep in the money on the position half (29 1/2) and can afford to be sanguine about it. If you are losing sleep over it, you might consider closing or lightening up your position. Remember, AVNT ran up to 22 in January on similar action, so it is not like this has never happened before. I will only start to sweat if it breaks 22. Somehow I do not think that's going to happen, but I have been wrong before, I'm sure it will happen again. Barb