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

To: ItsAllCyclical who wrote (6864)	4/13/1998 5:28:00 PM
From: Bob Trocchi	Read Replies (2) \| Respond to of 18691

Jim... I am also long on KEA. I consider it a long term core holding vs. a trading stock. It has a great 10 year history of growth that speaks very well of its management, It has a huge backlog of Y2k work and that work I am betting based on their history will generate a huge additional amount of long term contracts. Is it high priced, you bet it is. Along with a lot of other stuff. Just my opinion. good Investing. Bob T.

To: ItsAllCyclical who wrote (6864)	4/13/1998 6:25:00 PM
From: ItsAllCyclical	Respond to of 18691

Syntel: (Synt) Not too late to short for a quick pop down. The downside may only be 48, but we could easily see 40 or lower with if it breaks. Almost 2 times more valued than kea. synt is currently at 53 1/2.

To: ItsAllCyclical who wrote (6864)	4/13/1998 9:33:00 PM
From: Roger A. Babb	Read Replies (4) \| Respond to of 18691

Jim, mast and synt may be good shorts, but I have no position in them. I am still long KEA. I have two investing rules that I almost never violate: 1. Never go long a stock with bad management, these guys could mess up even a sure thing. 2. Never short a stock with great management, even if they are selling snow in Alaska, these guys always find a way to win. KEA is in the second category. I also put FSTW in this category with John Keene on the FSTW Board. Rule 2 saved me from an ugly loss on ELNK last year. Several on this thread were shorting ELNK and it looked very over valued. But the name of the CEO rang my memory bells and after a conversation with him I recommended against shorting it, the rest is history. There are so many companies out there with bad, even coniving, management that there is no reason to short good management. I bailed out of an IKOS long last year because of rule #1 even though I really like their technology. It dropped by 2/3 and I bought back in at $7. The technology is still good, but rule #1 is still violated and I am losing on the position even in this bull market. Winners keep on winning and losers lose.