Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: craig crawford who wrote (13148)	8/26/1998 8:40:00 PM
From: virgil vancleave	Respond to of 18691

I noticed dis a while back when it was in 35 range. It has a head and shoulders top with the neckline being at 35. Downside target being mid 20's. My boss at work has a lot of dis and When I tried to tell/warn him of the downside, he told me I was crazy. I am short at just below 35 it broke the neckline. Time will tell who is right, but so far it looks like I am and my boss doesn't like it. good luck.

To: craig crawford who wrote (13148)	8/27/1998 1:49:00 PM
From: Marty Rubin	Read Replies (2) \| Respond to of 18691

Will do, Craig. Take a look at NDN. Went short (https://www.siliconinvestor.com/readmsg.aspx?msgid=5336419) at close to 42 (now 39.5) and think it will go down even if the market turns around. They had very strong growth for the past year or so (they haven't been public for long) because of a 25% annual increase in store openings. They didn't open any stores this quarter, as far as I know, and think earnings will be hurt. The stock doubled this year so it's more likely investors will parden their shares down to $35. It can go lower than that, but it'll be less attractive compared to other stocks. I think DIS is more tied to the DOW (now down 268.53, or 3.15%, to 8254.82), so you're betting more on what the DOW will do for the next few weeks/days, which is hard to predict. I'll check DIS and see if it's worth to enter. Thanks, Marty PS I just went over your profile, advising to short ZITL and KTEL, which I agreed totaly (I don't know about the third). KTEL have gone down to a point where a short covering rally is more likely. ZITL can go down to $2. With all the hype that they had, I don't even want to count how many people got burned (and gained...).