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: Joey Two-Cents who wrote (13580)	9/9/1998 11:29:00 PM
From: Neil_L	Read Replies (2) \| Respond to of 18691

Another approach is to go after the blue chips...many small stocks have already been slaughtered and the money is left in the blue chips. I have been short a few of them for a while now and it has been profitable but if you start looking at p/e's and such, that make sense on the blue chips, it appears their is still quite a bit of downside in them...and earnings and estimates continue to decline. Some of my favorites: PFE - overvalued compared to other growth rate and other drugs...still to much Viagra hype in it. Target 80. DIS - overvalued and ongoing downwards earnings adjustments. Target low 20's. NKE - in a lot of trouble, IMO. Target 20. PG - overvalued...the street is now beginning to figure it out. Target 45. CCI - took the ride with you and covered recently for my best ever trade. The way its acting, I think there is more trouble to come. Target...I have no idea. Good luck, Neil.