Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Dale Baker who wrote (7255)	4/17/1998 4:27:00 PM
From: Bald Man from Mars	Respond to of 18691

<<Or KTEL - Was watching it real time toward the end and it was 26 and something, then I came back a few minutes later and it broke 28. Closed at 28 11/16. One day this, too, will be a great short. But not yet.>> This teaches you a lesson that next time you might just have a plastic bag next to you, rather than running in and out of the bathroom, you just cannot take your eyes off the frigging screen. This dude has a very funny trading pattern today, in the first hour, it goes up from 21 to 25, and it stays 25 for practically the whole time until the last hour, it goes from 25 to 29 ... Did the professionals move it early or move it late ???

To: Dale Baker who wrote (7255)	4/17/1998 4:40:00 PM
From: Wowzer	Read Replies (1) \| Respond to of 18691

Take a look at these press releases regarding KTEL: I hope he doesn't charge his clients much for his advice. I can't wait until the stock drops 5 bucks and he can reverse his rating again. It is interesting that he is a market maker as well....I am sure he wasn't short then long the stock. Rory Thursday April 16, 3:54 pm Eastern Time Company Press Release Key West Issues Severely Overbought Rating HURST, Texas--(BUSINESS WIRE)--April 16, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, ''Although KTEL has announced plans to offer their products via the Internet, this hardly supports an increase of 300% in market capitalization. When the hysteria dies down and the volume dries up, the stock should settle to a more appropriate range between $5 and $7. This could happen very quickly based on earning and book value.'' Key West is a Market Maker and currently holds a position consistent with the above rating. Contact: Key West Securities, Inc., Hurst Anthony Elgindy, 817/428-5020 Then not a day later Friday April 17, 11:12 am Eastern Time Company Press Release Key West Reverses Rating HURST, Texas--(BUSINESS WIRE)--April 17, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, ''We have decided that we should reverse our position based entirely on the market's evaluations of KTEL's competitors on KTEL shares and we believe that, although this sector is overbought, KTEL shares represent the best value of all the competitors. We believe that KTEL shares could actually trade in the $30 to $50 range and still remain a good value for long-term holders. We now rate KTEL as a BUY on market dips.'' Contact: Key West Securities, Hurst Anthony Elgindy, 817/428-5020 More Quotes and News: K-Tel International Inc (Nasdaq:KTEL - news) Related News Categories: leisure/travel