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


To: Peter V who wrote (10848)7/1/1998 9:58:00 PM
From: Richard Ogier  Read Replies (4) | Respond to of 18691
 
Just for fun, I calculated how much money I would have made if I
had bought $10,000 worth of each of Roger's 1998 short picks:

AMZN 60 target 30 (now 228 pre split)
ATHM 26 target 15 (now 53 1/2)
CTXS 76 target 30 (now 101 pre split)
ETEC 46 target 30 (now 35)
VIAS 42 target 20 (now 15 7/8)
YHOO 70 target 35 (now 170)

With a $60,000 total invesment, I would have made $47,400,
a 79% profit. I look forward to Roger's 1999 short picks.



To: Peter V who wrote (10848)7/1/1998 11:23:00 PM
From: Timoteo  Read Replies (1) | Respond to of 18691
 
Peter-I read the price action the same as you and unboxed my AMZN @ 70 and 76. I would only buy OCT or later puts though. This stock will not go sideways for long; its either up or down. I believe a lot of the buyers now are momentum players AND retail buyers who are probably margined. The stock trades are more often in the hundreds and I see a lot of 100 share orders. If I'm right, when the bubble bursts there's going to be a lot of margin induced selling and the retail guy is always the last to know.

Best Wishes,

Timoteo



To: Peter V who wrote (10848)7/1/1998 11:51:00 PM
From: Bald Man from Mars  Respond to of 18691
 
Peter:
Do not be despair ...
May I be the one who brings you the bad news,
Your July 90 is now fetching 1-1/8 1-3/8 (from 8)
Your Jan 80 is now fetching 9-1/2 10-1/8 (from 17)

But from the look of things, your July 90 might not be a good
bet at this time, but I am very confident that you will make
your money back on the January puts ...

Look, this dude stood at 43 on June 1st, on July 1st, it
is 114 ... 71 points in one month ...
No way is it not coming down ...