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


To: Roger A. Babb who wrote (11816)7/21/1998 4:13:00 PM
From: Peter V  Respond to of 18691
 
I was debating between OCOM and SRCM today, and when I went to my Dreyfus account page, it seems that they filled my order to short OCOM at 8 1/2 yesterday. I checked it after the market closed and found no executions, so I assumed it didn't go through. Thought about shorting more, but decided to wait to see what tomorrow brings.

SRCM seems to be fueled solely by buyout rumors, which can be powerful in the short-term, and can cause a bigger fall once dispelled. The OCOM stock Genie hype seems to be a safer short, seeing how the stock has failed to follow through on every rise in the past several months. Hoping for just a bit more rise tomorrow.