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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 (15681)	11/23/1998 12:57:00 PM
From: Dale Baker	Respond to of 18691

Good words of caution but I would happily wait 3 months to make 50% on an investment. ERGO only burns a couple million per quarter so I'm not worried. Even though waiting is out of fashion with 50% surges overnight in "other" sectors. Kinda funny today watching YHOO and AMZN race to see which could hit $200 first.

To: Roger A. Babb who wrote (15681)	11/23/1998 6:28:00 PM
From: Jimbo Cobb	Read Replies (1) \| Respond to of 18691

Here's another thought for you...a lot of the longs who have huge profits in YHOO, AMZN, etc, who might be considering selling some to take profits, might be holding off until January so they will have an extra year to wait before paying their cap gains taxes on these huge profits....nobody wants to sell, everybody wants to buy....therefore, stock goes VERTICAL !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! shorts get STEAMROLLED !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Jimbo.

To: Roger A. Babb who wrote (15681)	11/24/1998 6:32:00 PM
From: Rutgers	Read Replies (1) \| Respond to of 18691

"[w]e are in tax loss season"...agreed...so got any ideas?... While this should not come as any great revelation, not only do I think we are in tax loss season, but I forecast that this season won't conclude until the end of this December. Now, having said all that, has anyone here read any articles regarding particular companies that may be more susceptible to this pressure over the remaining few weeks of the year? Here's one example that I don't like as a short: Cendant, it seems that it has too much in the way of fundamentals, but....