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


To: Bill Wexler who wrote (13601)9/10/1998 6:21:00 PM
From: 1-DAY-TRADER  Read Replies (2) | Respond to of 18691
 
Dear Bill Wexler & Roger Babb: ref: BRCM
I could not resist shorting this INTERNUT today at the close at $66 just before the close. Ran too high all day on a very light volume, which usually means a great scam to short. I guess it is another AMZN, which will come down in half in few weeks to months, if not sooner. It has a P/E more than INTC and a true OVER-VALUED STOCK.

I would appreciate an extensive opinion on it.

Thanxxx

ps... I made a great fortune today on my shorts since the bullish run on Tuesday.

LOL IT WAS a GREAT RUN, but I hope they they come back to same levels for a short-term short :)