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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (2594)	9/11/1998 3:32:00 AM
From: put2rich	Read Replies (2) \| Respond to of 4634

Christian, It is painful that I and another one (who was real bearish of cien too early) shorted cien too soon last year and got burned. And my mistake not to follow it and could have shorted it at near 90 and the profit would be more than the loss in '97. I think patience and non emotional persistence should pay off big. Frankly do you see it is dangerous to short Cien at this level now? thanks

To: RockyBalboa who wrote (2594)	9/12/1998 12:55:00 PM
From: 1-DAY-TRADER	Respond to of 4634

Thank you Christian, YBTVA is one GREAT SHORT. It is in a dead cat bounce mode right now which is great to short it at such various high levels NOW because it will quickly go under to the low 20's in a blink of eye. I have initiated shorting at $33 and higher. I think it may bounce a little more on Monday and I will keep shorting at any levels above $33. Watch out for gaps down in the AM, it may be a shorting trap. If it gaps down, short only just before the close as they will try to pump it up. But, if it gaps up, then SHORT AT THE OPEN :) GOOD LUCK yahoo.marketguide.com yahoo.marketguide.com ps.. here is some info on it ( as of 9-5-98, just before the crash) Recent Price $ 46.13 52 Week High $ 70.13 52 Week Low $ 30.44 Avg Daily Vol (Mil) 0.20 Beta 0.38 Share Related Items Mkt. Cap. (Mil) $ 550.46 Shares Out (Mil) 11.93 Float (Mil) 11.80 Dividend Information Yield % 0.00 Annual Dividend 0.00 Payout Ratio (TTM) % 0.00 Financial Strength Quick Ratio (MRQ) 1.49 Current Ratio (MRQ) 1.82 LT Debt/Equity (MRQ) 10.26 Total Debt/Equity (MRQ) 10.27 Price/Earnings (TTM) NM Price/Sales (TTM) 2.36 Price/Book (MRQ) 8.87 Price/Cash Flow (TTM) 7.49 Per Share Data Earnings (TTM) $ -0.02 Sales (TTM) $ 19.51 Book Value (MRQ) $ 5.20 Cash Flow (TTM) $ 6.16 Cash (MRQ) $ 0.12 Mgmt Effectiveness Return on Equity (TTM) -0.46 Return on Assets (TTM) -0.03 Return on Investment (TTM) -0.04 Profitability Gross Margin (TTM) % 75.74 Operating Margin (TTM) % 23.46 Profit Margin (TTM) % -0.1