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


To: Wayners who wrote (13045)8/21/1998 4:57:00 PM
From: virgil vancleave  Read Replies (2) | Respond to of 18691
 
Probably go down now that i covered! Had to cut my losses and protect my capital. finished the week up even with my lcos loss, so that is ok. Not right all the time. lost 5.5 a share on lcos.



To: Wayners who wrote (13045)8/21/1998 5:05:00 PM
From: tdl4138  Read Replies (2) | Respond to of 18691
 
IBUY

Is anyone familiar with this company?

Just read the latest SEC filing...It reads like some sort of comedy.
Granted it is a start-up...but in less than a year, they've acquired an SEC investigation, shareholder law suit, change in management, started "operations" with fantastic losses...and announced that they need an additional $26mm to stay in business for the rest of the year...oh...and If I'm not mistaken...some sort of convertible stock deal..but information there is sketchy.

Other than the few things I've itemized...they're in great shape <g>

I'd appreciate any thoughts on this one that anyone might have.

Dave



To: Wayners who wrote (13045)8/21/1998 5:10:00 PM
From: JOHN CHEN  Read Replies (1) | Respond to of 18691
 
I don't know. Did you notice that top internet plays have hardly declined at all? LCOS, YHOO, XCIT, AMZN, CMGI all near the high of the year.... I am beginning to think that they will NEVER decline much unless there's bad news in relation to each of the company. General weak market condition certainly does nothing to them.