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

To: Don Roberts who wrote (10920)	7/3/1998 4:25:00 PM
From: George Acton	Respond to of 18691

Thanks for the pointer to the ZITL history. Another set of stories that comes to mind is cult stocks like Iomega and Vivus. But there, the caps were small enough that a cult of small investors could carry the price pretty far. A cap this size needs mutual fund and hedge fund money. And those buyers don't belive in the fundamentals. That tends to increase the chances of a blow-off top. --George Acton

To: Don Roberts who wrote (10920)	7/3/1998 10:55:00 PM
From: Momo Dog	Read Replies (1) \| Respond to of 18691

Correct me if I'm wrong, but as I recall, the day ZITL cratered was the day it was announced that the rumor that George Soros held a major position in the stock was bogus. Not that it matters, but it was a grand day to be short.