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

To: Mike Farrar who wrote (7123)	4/16/1998 12:08:00 PM
From: hal jordan	Read Replies (4) \| Respond to of 18691

TO ALL-- OK--We know the web stocks are the greatest bull market since 1929. The last two weeks defies all known reality. Question: What is the best short/put out there. Lets identify the the stock with the weakest position. Here's my picks to go thru: AMZN LCOS XCIT SEEK KTEL YHOO YHOO and XCIT may be the most dangerous--they actually have/may have positive earnings. AMZN looks like the biggest bubble to burst. Thoughts? Hal

To: Mike Farrar who wrote (7123)	4/16/1998 12:36:00 PM
From: Bald Man from Mars	Read Replies (1) \| Respond to of 18691

<<YHOO Mr. Baldman you can't tell me that there are very many shorts left in YHOO after going up 35 points in the last week. If XCIT disappoints after the bell that could have a big impact on YHOO tomorrow. That would be a thorn in their side that they won't be able to shake off very easily.>> I think that is why YHOO is up 8 points, they try to suck everybody in before the Excite earnings come out ...

To: Mike Farrar who wrote (7123)	4/16/1998 4:47:00 PM
From: Bob Trocchi	Read Replies (1) \| Respond to of 18691

Jeffrey... >>Excite Reports First Quarter Financial Results REDWOOD CITY, Calif., April 16 /PRNewswire/ -- Excite, Inc. (Nasdaq: XCIT - news) today reported revenue of $23.0 million for the first quarter ended March 31, 1998, up 206% from revenue of $7.5 million reported in the corresponding first quarter of 1997. The pro forma net loss for the first quarter of 1998 was $ 6.0 million, or $0.28 per share. The pro forma net loss for the corresponding quarter of 1997 was $4.5 million, or $0.38 per share. << Looks like it did not disappoint but who the heck knows what disappoint means nowadays. Great increase in revenue, 206% and increased losses of 33%. Today that sounds to me like a sure fire winner. I don't dare to go long or short on these stocks. I will wait as Barb Payne suggests for the bubble to burst and try and catch it on the way down rather than try and predict a top for these stocks. They are so high that I doubt that they will totally crash all at once. Good investing to all. bob T.