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


To: Mama Bear who wrote (7135)4/16/1998 1:07:00 PM
From: Oeconomicus  Read Replies (1) | Respond to of 18691
 
Why not pick on a one product company in an overlooked out of favor sector, with no earnings, massive competition from well funded, diversified multinational corporations and massive insider selling, rather than a stock in the hottest sector around?

Books (OK music too - 1 1/2 products)
Expected to lose over $25 mil this year
Bertelsmann, Cendant, BKS, BGP, etc., etc.
50+ 144s filed in Feb-Mar

OK, 4 out of 5. But, is it really in a hot sector or is it just perceived to be in one? Tech stock or bookseller?

Bob



To: Mama Bear who wrote (7135)4/16/1998 1:32:00 PM
From: Peter V  Respond to of 18691
 
Good point Barb. ENML is a short for today. AMZN may be a better short for tomorrow (whenever the bubble bursts). What's up with YHOO today though? Up over ten points. That's a lot even for YHOO, especially when the market is weak. Might be a good time to take some profits, any of you YHOO longs. Craig Crawford?



To: Mama Bear who wrote (7135)4/16/1998 3:47:00 PM
From: hal jordan  Read Replies (2) | Respond to of 18691
 
>My choice is none of the above. Why not pick on a one product company in an overlooked out of favor sector, with no earnings, massive competition from well funded, diversified multinational corporations and massive insider selling, rather than a stock in the hottest sector around?<

From a logical point of view you are correct. However, we have speculative mania going on right now. This kind of situation never ends pretty. That is what I'm counting on. Just call it overt greed.

Hal