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: larry who wrote (9368)	5/30/1998 12:06:00 AM
From: Pancho Villa	Respond to of 18691

Can't disagree with your position. For me to make a penny out of my YHOO short it would have to go back down to around 53 so I think your bet is a fair one. I think I may get a chance to cover at lower prices. Current market cap is above or around 6 billion dollars that is a lot of dove if you think about it. more or less the same argument applies to AOL no of of making money on the short but that is a sunk cost at the current market cap of about 50% of Gillettes I will hold down to my short position with IMO a good chance of covering at a lower price. I am a bit more skeptical about your bet that they won't go under 100 and 70 respectively and IMO they remain as risky on the long as on the short side. Pancho