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


To: craig crawford who wrote (12893)8/17/1998 4:45:00 PM
From: Mr. Green  Read Replies (1) | Respond to of 18691
 
NOVT is an excellent short. Announced a positive study today on angioplasty and the stock shot up 50% from the (close to year) low. Company still needs FDA approval, and much more revenue to prepare for an approval panel, overall high cash burn rate. Also their management team has a history of poor investor relations.

Looks like a winner to short at any price above 15.

good luck