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: Pancho Villa who wrote (7288)	4/18/1998 8:33:00 PM
From: Investor-ex!	Respond to of 18691

Pancho, The pros all know this quarter's earnings stink, but the results are being spun ever so carefully -- no one wants this ride to end. It's kind of bizarre, entire sectors of "growth" stocks not growing, yet no repricing of shares and, in fact, quite the opposite occurring. webserv1.startribune.com The party line for now is "everything will be just peachy again by the third quarter". If anything, quarter over quarter comparison's will be very difficult this entire year, third and fourth quarter included, what with tight labor markets, Japan sinking, and the dollar soaring. It's really fascinating to watch how this all plays out -- a front row seat to a once-in-a-lifetime event.

To: Pancho Villa who wrote (7288)	4/18/1998 9:03:00 PM
From: Market Tracker	Read Replies (1) \| Respond to of 18691

<<Quality of earnings continue to deteriorate>> This will soon become a hot topic of discussion among fund managers, and many on Wall Street. As merger mania continues, and more and more poolings of interest are done, the true quality of a company's earnings, becomes cloudier by the day. The EPS may be going up, but the quality of those earnings goes down. I have used the effective tax rate of a company as a proxy of QOE for many years while doing DD. The higher the effective tax rate, the higher the QOE generally. The stock market (usually) recognizes and rewards the higher QOE company with an expanded earnings multiple, but in times of a mania, the reverse appears to be true. The part that never changes is... someone ALWAYS buys at the top. MT

To: Pancho Villa who wrote (7288)	4/18/1998 9:23:00 PM
From: Investor-ex!	Respond to of 18691

Pancho, Another timely, sensible article from The Economist that will likely be totally ignored: economist.com I especially agree with the notion that asset-price inflation is every bit as serious as consumer-price inflation and very much needs to be controlled. Too bad for us it isn't.

To: Pancho Villa who wrote (7288)	4/18/1998 9:25:00 PM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 18691

Good Evening Pancho. Some articles for your reading pleasure. I'm going to purchase some more CMB & BT put LEAPS 1/00 & may add JPM & CCI. IMO the banking stocks will correct between 50%-75% in the next 12-18 months for returns of 2,000%-4,000% on the 1/00 LEAPS. The Economist take on the US bubble economy economist.com US News & World Reports Rubin ready to step down (getting out while the goings good) usnews.com US economy slowing biz.yahoo.com Korean Union protests biz.yahoo.com Trade gap reflects Asia crisis biz.yahoo.com Fleckensteins take on the market pbs.org This has been posted before and this guys date of doom is always shifting to some future date. nwlink.com