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

To: BelowTheCrowd who wrote (9937)	6/11/1998 7:16:00 PM
From: rocklobster	Respond to of 18691

Thread- Where are you getting KTEL and CCSI shares to short. Schawab says no KTEL available and says CCSI not marginable therefore not available. Schwab offered me KTEL to short at 24 but I was stuck in some long positions and couldn't take advantage of it. Boy do I wish I had . KTEL looks like a good short again now. How much higher can it go. I remember that the thing that originally drove KTEL up was that it was "making money" i.e. had postive earnings. When they announced a massive loss last quarter, I thought they would blow up immediately but they still went up 20% the day after that earnings announcement. Unbelievable. this was a 3.5 dollar stock before the run up and that was based on positive earnings. What is it worth with massive negative earnings? Later, Richard