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


To: BDR who wrote (13853)9/20/1998 10:17:00 PM
From: Neil_L  Respond to of 18691
 
I think going after the banks is worthwhile. I like CCI and JPM on the big bank list. Another in the sister industry that I recently shorted and looking to add more is LEH (Lehman Brothers). There is a lot of controversy at the moment as to their derivative exposure. Rumor has it that they may go bellyup...LEH has vehemently denied it and while going out of business seems extreme, the smoke is definitely there, causing the investors to start coughing a bit.

Good luck, Neil.



To: BDR who wrote (13853)9/21/1998 9:28:00 AM
From: BDR  Read Replies (2) | Respond to of 18691
 
Re: SEPR

I should clarify that I am still very positive about the future of this company. When I say that I am going to write covered calls or sell it outright it is only because of the history of 20-30% swings in price, the recent run up, and the general market conditions.