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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Jean-Philippe Chevalier who wrote (1816)7/31/1998 8:27:00 AM
From: Graeme Smith  Respond to of 4634
 
For anyone interested I created a public portfolio of my Y2K short holdings. In just over a week its up 21%. But if your thinking of getting in, its not too late. With the exception of ACLY all of the stocks are still at 3-5 times the price they will be at on 1/1/00. ACLY is presently oversold, and may bounce a little, but seeing as they can't even be profitable in the peak quarter for Y2K earnings, they may be a good candidate to eventually go bankrupt. Zitel also didn't report a profit, losing $18 million on revenue of $5 million. They will definitely eventually go bankrupt. Shorting Zitel is the real Gold Mine that Bre-X was looking for.

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