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

To: Kailash who wrote (13640)	9/11/1998 3:22:00 PM
From: space cadet	Read Replies (1) \| Respond to of 18691

Looks pretty bad for my lgto puts that will die in Oct. I had a quick double on this one but in the middle of my moving I badly misplayed it. Reminds me of my incompetence last year. I still can't quite believe this stock is so strong. At its all time high, p/e in the stratosphere- looking at this stock you would never imagine there was any kind of stock market turmoil. What is wrong with this picture? I may buy some more puts on this vehicle. I can't believe it can maintain its p/e indefinitely in the stratosphere when others are crashing all around it. Obviously the street is in love with lgto- that's the only explanation. Wish I knew why. I'm sure it will eventually tumble- but maybe that won't be for several years. I actually like this company and they are undoubtably in a great field: I just think their p/e is more appropriate to a tulip bulb bull market than where we are right now. Even vrts looks cheap in comparison!!!!

To: Kailash who wrote (13640)	9/11/1998 5:36:00 PM
From: put2rich	Read Replies (1) \| Respond to of 18691

Kailash <<What broker do you use to short AMZN (and KTEL) - Datek appears to allow shorting on stocks they trade on the way up, but not on the way down...>> You are right about Datek and I think they are the most sophisticated crooks...Of course that cost me a fortune...very sad...I should have open an option account and bot tons of puts before the big crash then I would be in the black... Well Datek is crimminal in this sense. I could short KTEL just before the short squeeze but when I know it is ready to fall I could not short w/ Datek I plan to move my money to other soon... good luck