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


To: dumbmoney who wrote (11589)7/16/1998 10:06:00 AM
From: Wowzer  Read Replies (2) | Respond to of 18691
 
Take a look a DGIT up to 6 1/4 as I type (more than 100%) on news they have some new audio internet advertising thing a majigy. Probably run today but may be a good short at the close when people have time to sober up. A few weeks ago NASDAQ threatend to delist the co.

Good luck

Rory



To: dumbmoney who wrote (11589)7/16/1998 11:39:00 AM
From: CatLady  Read Replies (1) | Respond to of 18691
 
ABTE -

Interesting PR from the company yesterday.

"Gideon Taylor, chairman of Able, ... added that there are "absolutely no fundamental reasons" for any decline in Able's stock. "Things couldn't be better with this company," he said. "Any way you took it it, Able is performing well. We expect strong earnings per share next year. Revenues are expected to exceed $500 million -- that's a stream of revenues of more than $1.3 million a day.
"We expect $50 million in EBITDA," he added. "By any evaluation, we should be selling at a much higher current market price."


biz.yahoo.com

Chairman hyping the stock? Not a good sign right there.