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: Pancho Villa who wrote (5997)	4/2/1998 7:39:00 PM
From: James Fink	Respond to of 18691

Rogue Wave Software (RWAV:Nasdaq) dived 6 1/2, or 41.9%, to 9 1/16 after warning that it expects its second-quarter earnings to come in at four to five cents per share -- below the three-analyst estimate of 13 cents and the year-ago seven cents. This looks like a GREAT SHORT after the dead-cat bounce occurs!

To: Pancho Villa who wrote (5997)	4/2/1998 9:31:00 PM
From: Market Tracker	Read Replies (1) \| Respond to of 18691

Pancho, - Thanks for a very interesting piece from "The Washington Post". I only wish that Game Theory was taught in that interesting a fashion back in the good ole '60's, it would have made learning fun. Ah, progressive education. The results seem to reflect general human nature, a la the "fear and greed" factor. With the self-fulfilling prophecy of Dow 9,000 at hand, the trading volume of the Dow does not appear to be currently signaling any strong signs of a blow-off top (classic buying climax). The flow of monies into US investments continues to flood the marketplace. There once was a time when mutual funds formidably competed for the investment dollar, and thus the no-load fund was created as an attractive alternative vehicle sans commission fees. I get the visual impression of some of the big, prosperous mutual fund managers as Scrooge McDuck sitting atop the mounds of cash in their vaults. This money HAS to be invested somewhere, or the fund's cash positions will become disproportionately high. I can see it now, <G> - Fidelity Funds announced today it has tripled it's cash positions by doing absolutely nothing this past month. No one could be reached at any office, but a bottle of suntan lotion was found outside the door of one NYC office. <G> MT