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


To: Pancho Villa who wrote (9348)5/29/1998 3:08:00 PM
From: Bald Man from Mars  Read Replies (2) | Respond to of 18691
 


<< Baldy, the only people doing well are those investing in
companies with no earnings or PEs above 100.

Pancho >>

I guess that excludes both you and yours truly...
I just hope there is no further deterioration in my
portfolio, I am cutting drastically my long position,
or I should say the market did it for me.



To: Pancho Villa who wrote (9348)5/29/1998 9:31:00 PM
From: Joey Two-Cents  Read Replies (5) | Respond to of 18691
 
Good evening Pancho. INTC announces the Merced processor will be delayed until mid 2000 what a surprise. Lets recap: INTC announces $ 8B stock buy back, INTC insiders dump millions of shares, INTC announces delays. Once again mom and pop mutual fund gets burned. The 2nd Q returns for a lot of mutual funds should interesting. Mom and pop mutual fund may see lower Q to Q returns for the first time in a long time for some the first time. The may have to cash in their "Happy Meal Beanie Babies" to pay off their cash advances.