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

To: Tai Jin who wrote (8748)	5/13/1998 10:05:00 PM
From: BelowTheCrowd	Respond to of 18691

Cool! My HWP May puts could still be worth something! The Junes definitely are. mg

To: Tai Jin who wrote (8748)	5/13/1998 11:28:00 PM
From: Lazlo Pierce	Read Replies (2) \| Respond to of 18691

The HWP warning is too funny! This stock had missed earnings for many of the last 6 quarters, yet the ANAL-ysts felt this time it was different and started hyping it big time, witness the run from 62 to 82. It will be VERY interesting to see Wall St.'s reaction. Will it give back 5? or 10? or 15? Nah probably will open around 75 and drift back towards 80 by the end of the day. Another thought... They are expecting to miss by ~ .12! Interesting that they waited till now (3 days before orig announcement was supposed to be) to warn. .12 is a big miss. They MUST have known awhile ago that they were going to miss yet did not say anything. I thought it is the companies duty to announce these things if they are aware of a material matter. Hmmmmmm They probably found out right around the time the stock was upgraded to the recommended list and did not want to rock that applecart! Dave