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


To: Michael who wrote (9428)6/1/1998 2:08:00 AM
From: Roger A. Babb  Read Replies (4) | Respond to of 18691
 
Given that India is currently stronger than Pakistan and that Pakistan will not have a credible nuclear attack threat for at least several more months, does anyone think India may be tempted to a pre-emptive strike? And what would that do to global markets?



To: Michael who wrote (9428)6/1/1998 7:03:00 AM
From: craig crawford  Respond to of 18691
 
But Zitel isn't poised for takeoff yet. It still needs to raise more cash in some sort of stock or debt offering -- even long-position investors acknowledge that.

"Takeoff yet"? So they are predicting a take-off one day for ZITL? How??? If a Y2K company (or ZITL's partial interest in one) has yet to make a profit half-way through 1998, how much potential is there? Let's say ZITL miraculously earns $30 million in the next two years (yeah, right). Their stock price doesn't move and they don't issue any more shares. How are they going to justify the other $100 million in their market cap? Y2K will be over or slowing down in a couple of years. Then what for ZITL?

What a joke ZITL is...(my largest short position). Too bad there is so much short-interest, otherwise it would be my only position!