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To: Shelia Jones who wrote (19100)4/15/1998 2:09:00 AM
From: Chuzzlewit  Respond to of 95453
 
** OT **

Shelia, advice on shorting. I think shorting in a bull market is usually a death wish. Shorting on valuation doesn't work because there is no good way to value a company. Can you explain how a company like IBM, given its lackluster topline growth, has the kind of p/e it maintains? I sure can't. Shorting on timing doesn't work because timing doesn't work.

The only thing I can think of that perhaps may work is to find something in the fundamentals that the market hasn't picked up on. Like when profits are moving up and cash flow is negative because of a big increase in inventories -- look at GBUR as an example.

TTFN,

CTC



To: Shelia Jones who wrote (19100)4/15/1998 9:35:00 AM
From: Ken Robbins  Respond to of 95453
 
<OT> My experience on shorting is that I didn't stay short as long as I should have. Made money shorting NSCP, PRST, OCCF, CTSC, etc. however, they kept going down long after I closed out. So be patient when shorts are going your way.

BTW - I like my Coldwater Creek casual shirts.