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

To: Pancho Villa who wrote (9219)	5/26/1998 9:16:00 PM
From: Timoteo	Read Replies (1) \| Respond to of 18691

AVNT- Judge will not stop the sale of AVNT product at this point and will not allow civil case by CDN until criminal case is through. Might be a good short tomorrow since thisis not big news IMHO. Best, Timoteo

To: Pancho Villa who wrote (9219)	5/26/1998 10:12:00 PM
From: Ploni	Read Replies (1) \| Respond to of 18691

My options in LAMR expire in July. It looks hopeless, though anything can happen. For some reason, the stock moved up 5% today. I continue to think it's garbage, and can't believe that brokers recommend stocks just because they allegedly have high cash flow, ignoring all other ratios. * * * Speaking of garbage, does anyone here follow any of the cable t.v. companies? Do these companies ever earn money? I would think that perhaps they have in the past, or there is speculation that they might someday; otherwise, I would think they wouldn't trade at high multiples. For example, ADLAC has ranged from 5 5/8 to 30 3/4 in the past year, closing today at 23 7/8. I'm showing earnings of -5.72. Yes, that's a minus sign in front. That's not very good, is it? Their finances are probably even more confusing than Bally Fitness's, and we would need a genius like Pancho to decipher them. For example, ADLAC did an IPO of their CLEC subsidiary, HYPT, earlier this month, though they still retain a big chunk of it.