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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 (12415)8/5/1998 11:49:00 AM
From: craig crawford  Read Replies (2) | Respond to of 18691
 
>> you might hedge with a dell short. <<

No point, as DELL is going higher. A waste of money if you ask me. I bought more this a.m. along with INTC.



To: Roger A. Babb who wrote (12415)8/5/1998 2:05:00 PM
From: Hank  Read Replies (3) | Respond to of 18691
 
Roger,

I have backed out of my INCL short at 5 3/8 (the price I shorted it at). I have done this for two reasons-

1) If there is a remote chance that the buy out is true, I don't want to be caught with my pants down.

2) Even if the rumor is BS, which it probably is, the hype may send the stock over $6 anyway. In fact, the stock has traded in an upward trend all day on over double yesterdays volume. Not a good sign for shorts. Money flow is positive too.

If it pops over 6 on no news, I'll short it again. In the meantime, I am pleased to see my other shorts performing as planned, especially APEX and ADTN.

Hank