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

To: Amots who wrote (12162)	7/30/1998 4:58:00 PM
From: gaohong	Respond to of 18691

Yeah, IMO, any reiterate some rating is hype. What's behind reiterate ? because they cared about price movement and hope such reiterate will do something. Anybody short IKN, FAXX, ANET ? IKN delayed earning report and it will be very ugly. FAXX and ANET both reported below street loss. Both, IMO, are not having any future. FAXX is little hyped. ANET got nothing but 4$ cash per share

To: Amots who wrote (12162)	7/30/1998 5:23:00 PM
From: oexwa	Respond to of 18691

Amots, Actually, I liked it. Obviously, many people underestimated ZAP, but I think I would rather be long than short. (Have no position at this time.) Along the same lines, check out ONSL. They argued with First Call about whether they hit their number and apparently, First Call agreed that the various analysts agreed that a one-time payment to Cendant, which was not previously quantified, was not included in the analysts estimates, so, voila', they now beat estimates for the quarter. The press release neglected to mention that their growth rate is not keeping up with the internet growth rate, their margins are consistently shrinking and their losses are starting to amount to real money. I am short, despite generally positive articles in Motley Fool and WSJ, primarily because I think the concept is flawed and they will go the way of most fads. Most of the firms following them are second-tier firms and are only too happy to agree that they beat estimates. I also don't like a company that can have its market value influenced by the number of "hits" or "bids". Using my most optimistic pencil, I look for them to lose another $.42 to .50 in the next twelve months. Good luck, Bob