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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (2441)	9/1/1998 11:04:00 PM
From: Dr. Seuss	Respond to of 18998

LBOR - Bottom line....going down. There was a concerted effort today to pump the stock based on that "news" (I'm always suspect of great news like this shortly after a major drop). Along with the market moving up strong and it's recent huge drop, daytraders and momentum runners wound this dog up. It popped and will soon come down after a few headfakes. Great short today, may be a better short tomorrow early. I don't think you'll see high teens after this week. One thing I do know, when the idiots start showing up on this thread trying to tell a bunch of shorts they are wrong, you know it's shill time. Why the hell would anyone else bother over here? Mr. Vogel, thanks for the "final nail" conformation. I will increase my short tomorrow as I did this afternoon and at 27 and change a while back. Dr. S.

To: Peter V who wrote (2441)	9/2/1998 3:21:00 AM
From: Khris Vogel	Respond to of 18998

Perhaps not a quick pump action, but one that does tend to create an air that things are going well, even though we have no idea of the net income from these fabulous revenue reports because that info is not in the press release. Revenues are usually the most positive piece of the financial puzzle, it all goes downhill from there. Peter, in most cases, I might be inclined to agree w/ you. But in LBOR's case, where they actually have a well-defined track record and, unlike many other rapidly-growing cos., are solidly profitable, one can usually come very, very close to what the co.'s quarterly earnings are going to be based on some margin assumptions. And, while I really don't know how conversant you or anybody else on this thread is when it comes to LBOR's history, things have seldom gone "downhill from there." Besides some growing pains that the co. announced back in '96, this has been a very solid growth co. That some legend-in-his-own-mind says that the stock is going to zero makes me laugh bigtime.