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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 (15355)11/11/1998 4:25:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 18691
 
Sorry to hear that.

What's about your babb.com project:

There is another company up, I shorted: Name is GK Intelligent (AMEX:GKI) an absolute crap. They threw out a story about teaching on "internet" (ho-ho-ho), what happened is that the stock inched up some 40%, burning some money in my account (I shorted but it went on again). I didn't see the story but here it is:

"Revolutionary Software Uses Artificial Intelligence to Teach Internet Use
Business Wire - November 11, 1998 11:06
COMDEX Fall 98

HOUSTON--(BUSINESS WIRE)--Nov. 11, 1998--

GK Intelligent Systems Begins Selling "Around the Web in

80 Minutes;" Software Tailors Courses to Meet Students' Needs

Through "Smart" Multimedia Experience

A breakthrough Internet training software has been launched by GK Intelligent Systems, Inc. (AMEX:GKI). Initial orders for "Around the Web in 80 Minutes" exceeded expectations when the company opened its toll-free customer line on Tuesday.

Around the Web in 80 Minutes is a CD-ROM-based, multimedia teaching tool and is the first consumer software to dynamically assess the skills of individual users and continually adjust the instruction to the student's needs.

The software trains users of any experience level to take full advantage of the Internet. It uses artificial intelligence to customize itself to the learning style of users. And the software continually interacts with students to measure their progress - and move them onto new material as soon as they achieve mastery. The software is immediately available for $29.95 by calling 1-800-404-3527.

The first public demonstrations of the software will be held at COMDEX Fall '98 in Las Vegas next week.

"Unlike other instructional software, which forces users through a linear path of instruction, we created Around the Web in 80 Minutes to teach students what they need to learn, at their own pace, without wasting time on material they already know," said Gary Kimmons, GKI president and CEO. "This software was developed by professional educators and technologists to show users how to get what they need from the Internet. Around the Web in 80 Minutes is modeled on the approach used by the best teachers - it focuses on student needs and tailors instruction so each user can quickly master the Internet."

The software is designed to teach students everything they need to know about the Internet to maximize its value as a work tool, reference source, communications device and entertainment medium. It is designed to both introduce the Internet to novices and refine the skills of experienced Web surfers.

Around the Web in 80 Minutes provides instruction on more than 30 different topics, including:

-- Internet basics

-- Browsing and searching

-- Discussion groups and e-mail

-- Security and computer viruses

-- Getting connected

-- Troubleshooting

Students can tackle each subject individually - or take a full course and become an instant expert.

The product's introduction is being supported with a national advertising campaign, including full-page ads in Time and USA Today next week, as well as advertisements in Parade Magazine and People Magazine in the coming weeks before Christmas.

Around the Web in 80 Minutes is the first consumer product based on GKI's Smart One(R) technology, which combines artificial intelligence, multimedia technology and advanced instructional techniques to provide results significantly superior to traditional computer-based training.

More information about the software is available from the company's web site, www.gkis.com.

GK Intelligent Systems, Inc., headquartered in Houston, Texas, is developing intelligent training software that dynamically adapts to the learning styles and abilities of individual users. The company is creating products to meet the education and information needs of consumers, corporate training managers and executive decision-makers.

System Requirements:

To run Around the Web in 80 minutes, users need a PC with the following configuration:

Windows(R) 95, Windows(R) 98, or Windows(R) NT 4.0

Pentium 133 MHz processor or higher

16MB Ram (24MB is recommended)

30MB of free hard disk space

Multimedia 8X CD-ROM, sound and speakers

SVGA color monitor at 640X480, 256 colors (16-bit color or higher recommended).

Statements in this news release that are not historical facts, including statements about plans and expectations regarding products and opportunities, demand and acceptance of new or existing products, capital resources and future financial results are forward-looking. Forward-looking statements involve risks and uncertainties which may cause the Company's actual results in future periods to differ materially from those expressed. These uncertainties and risks include changing consumer preferences, lack of success of new products, loss of the Company's customers, competition and other factors discussed from time to time in the Company's filings with the Securities and Exchange Commission.

CONTACT: GK Intelligent Systems
Analyst Contact: Randall Habel, 713/840-7722
or
Hill and Knowlton
Media Contact: Jim Sarlo, 312/255-3043
or
Awalt Group
Analyst Contact: Jeff Awalt, 713/224-3525

"
What do you think? A simple concept, nice blabla and they're counting their money this evening.

C.



To: Roger A. Babb who wrote (15355)11/11/1998 4:35:00 PM
From: sheldon spivak  Read Replies (1) | Respond to of 18691
 
Roger,
I too lost my courage yesterday and covered my YHOO short @179 3/4
for a tremendous loss. I immediately felt relief as it continued up to 185, only to feel bad to see it close yesterday @ 176+ and now today @ 165. There was just so much punishment that I could take.
My mistake was shorting too early and letting it rid up so far, I initiated the short in early Oct @ 75. Another mistake was shorting too many shares. But, this has worked for me in the past with DDIM and ZITL. Today I knew it would go down when DLJ lowered their rating on EBAY but as I said above I lost my courage.
Keep up the posts and good luck trading. Tomorrow is another day.