SI
SI
discoversearch

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 (6200)4/5/1998 8:16:00 AM
From: Dale Baker  Respond to of 18691
 
Just close your eyes and buy. Everything's fine:

But Cohen, the strategist for Goldman, Sachs, said she's not worried. The market rose in the first quarter for very good reasons, she said, and it likely will continue to rise for those same reasons.

"Our market is not overpriced at these levels. The increases we've seen are supportable," Cohen said. "The fundamentals still look great."


I spent some time researching about 20 Internet high flyers today. In a "normal" market, many would be great shorts. But half have 20% or more of the float short; AOL is the only stock with more than 50% of outstanding shares in the float; average float is 3 - 5 million shares, etc.

My guess is that these stocks will only crash when institutions start bailing out. Anyone think that small investors could lead the panic?

FWIW, the best candidates for shorts as far as low short interest (less than 20%) are CDNW, ETEL, LCOS, SPLN, USWB and VRSN.

Still looks dangerous unless you have patience and deep pockets.



To: Pancho Villa who wrote (6200)4/5/1998 8:43:00 PM
From: Joey Two-Cents  Read Replies (2) | Respond to of 18691
 
Pancho; That's the one, one store down from 25th next to the parking garage. He at one time was on 3rd between 23rd & 24th next to Smokeys Place for Ribs now a green grocer. He put in tables, Quiet Man decor and serves food and does a good lunchtime business with the construction crowd. Buildings going up all over the place 25 story dormitory for Baruch on 24th across from the PO, luxury apts on 3rd between 25th & 26th. Drop me a note when you're in town we'll have a couple of Bud's and Burgers.