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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (3918)	10/9/1998 10:41:00 PM
From: Randall Rosen	Read Replies (2) \| Respond to of 18998

Exactly my point. How else do you think pinkie can pick 'em?

To: LTK007 who wrote (3918)	10/9/1998 11:09:00 PM
From: Mark Myword	Respond to of 18998

>> it is incredible but true that 45% of all stocks this year are down 50% or more this year,so it is hard to miss on a short.Max90 << Mr Max - What would you expect to happen, when so many stocks were so ludicrously overvalued earlier in the year? There is nothing sinister about recognizing a bull-market mania that took many flaky companies to absurd valuations, with no fundamental support. If you had bothered to look at financials and read 10-QS, you would have seen for yourself why so many stocks have fallen sharply. This is merely a correction to a level of relative sanity in valuations, from a level that was a joke, in many cases. Have a nice weekend. Perky