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


To: Roger A. Babb who wrote (14173)9/29/1998 8:08:00 PM
From: JOHN CHEN  Read Replies (2) | Respond to of 18691
 
Roger- 3 months till end of the year, shall we review your picks which you stated in the beginning of the message board this year?

Let's take a look:

You recommend:

short AMZN
price at the beginning of year: 60
your target price: 30
current price: 113 1/8 after recent split or 226 1/4
difference between your target and current price: 196 1/4

short ATHM
price at the beginning of year: 26
your target price: 15
current price: 47 1/2
difference between your target and current price: 32 1/2

short YHOO
price at the beginning of the year: 70
your target price: 35
current price: 131 1/2 after recent split or 263
difference between your target and current price: 228

you 'special situation" long pick is BROC
price at the beginning of the year: 3 1/2
your target price: 10 or better
current price: 2 7/8
difference between your target and current price: 7 1/8 or more

we have 3 more months to go, you think your prediction will still hold up?



To: Roger A. Babb who wrote (14173)9/29/1998 11:39:00 PM
From: poodle  Read Replies (1) | Respond to of 18691
 
Roger, I have seen an opinion that we are dealing with financial, not econ. crisis. If so, financial methods may help. Unfortunately, situation reminds me overproduction crisis described many times before (Marks included). No any financial games would help, even temporary, in this case. Sure, market needs some unexpected news to drop, and so exact timing is impossible, but in overproduction crisis one would't have to wait long.

Why AG and Rubin repeatedly used in their speeches "At the END of THE DAY"?

Good night.