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

To: Pancho Villa who wrote (5554)	3/26/1998 11:41:00 AM
From: Eric Klein	Read Replies (1) \| Respond to of 18691

Pancho, I mentioned Tel-Save Holdings (TALK) a while back. It's been up on takeover speculation (fueled by the CEO), down yesterday 3 pts to 24 because they couldn't find anybody to buy them. They're the ones who paid AOL 100 Mill to advertise on their site. I tried to short them, even though you were against it, but couldn't find any shares (Schwab and DLJ Direct). If you can find shares, I think they're an excellent short. They have an "eternal" contract with AOL, but IMO they will get fewer and fewer responses as time goes on. They've shut down their phone solicitation marketing effort and seem to be relying exclusively on AOL to sell them!