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


To: Mama Bear who wrote (11601)7/16/1998 3:18:00 PM
From: Pluvia  Respond to of 18691
 
STRONG SELL Rec on SRCM - Buyer Beware

Barb, thought you might want to look at this beauty...

Lots of major shareholders selling - including one officer and prior CFO who reportedly quit and sold all of his stock. Ex SRCM persons quoted saying "Pate was the only guy at the company they trusted, his departure speaks volumes"

Message 5217851

Technology reportedly does not provide internet access to users. Why would AOL, MSFT YHOO buy dated technology?

Message 5217977

SRCM Pilot cable internet service program cancelled in Colorado Springs as reported by Colorado Springs Gazette. Article cites lack of internet type access as probable reason for failure of service...

Message 5218045



To: Mama Bear who wrote (11601)7/16/1998 4:15:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Barb, many years ago when the NASDAQ computer system was set up, no one imagined that it would still be in operation when the NADAQ reached 2000 (y2k). Many of the software programs were limited to a 1 or 0 (binary) in the first digit to save memory, and many of them will interpret the 2 as a 0. Since the Nasdaq closed at 2000 today, some of the computer trading programs will think it has fallen to zero and thus trigger their buying programs on Friday. The buy programs are mostly configured to buy YHOO, AMZN, DELL, and MSFT. Thus these stocks may go over $1000 per share tomorrow, maybe even to $2000.

Ooops, any stock reaching $2000 (y2k) will be reset to zero wiping out all investors. Be careful out there! ZITL and TAVA will be working night and day until these bugs are fixed.



To: Mama Bear who wrote (11601)7/16/1998 11:47:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18691
 
Barb, I need your help as I once helped with CCSI. I am trying to short FBN and the longs on the thread are giving me a hard time. How about going over there and help me with the debate. Do you realize the dilution that would come from an FBN floorless convertible?