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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 (17208)	1/25/1999 11:51:00 PM
From: Don Westermeyer	Read Replies (1) \| Respond to of 18691

Roger, I noticed a particular looser has just started posting on the IMON thread. A sure sign of a top. I wish I was one of those IMON employees - valued at about $30 million each. I would be willing to work for them at a substantial discount to that! I also think AMZN looks busted real good now. I think the rallies in AMZN will be short lived as the mo mo players bail on it. Better wait for 'earnings' though. :) I saw an article suggesting AMZN is breaking down technically now. Since technicals is all AMZN ever had going for it the stock should be somewhat less volatile on the upside. FWIW I also read an article that recommended EGRP for a short. Same old story - overvalued on i-nut hype, losses, lots of competition, etc.

To: Roger A. Babb who wrote (17208)	1/26/1999 3:43:00 AM
From: Graeme Smith	Read Replies (1) \| Respond to of 18691

> go have a look at the IMON thread. Every time I look at it I > have to short another 1000. Then I downloaded the software to test, > and shorted some more. Seven employees. How can this company be > worth over $200 million? No way. Roger you summed up my feelings exactly. I have honestly never seen a better short. To work out the value of this company, I tried to guess how much money the average guy who writes a shareware program will make. Then I divided it by 100 since the WinZinger product has absolutely no market. I downloaded it and tried to work out who could use it. The answer is no-one. Yet IMON has a market cap of not 200 million but over 300 million. I agree with you that this is a stock that could run away. In fact it has already run away and is a 20 bagger. My personal belief is that there is little room to run any higher. Normally stocks which achieve this have a very long timeline before validification. ie. Y2K, internet sector, Biotechs. It may take years before anyone knows that they were truly worthless (or maybe worth every cent). IMON has a 20 minute timeline to verify its claims. Anyone who downloads the software knows within 20 minutes it is unsellable. IMON is definitely the target of a pump and dump and short squeeze. I would say that it is safe to say that even in a worst case scenerio IMON could never reach 1 billion in market cap. The amount of money required to achieve this in a P&D would be phenomenal. If someone had that type of money for a P&D scam, they would not be wasting it on a 7 employee company with an easily disprovable story. So given enough margin to survive a tripling of stock price I would say it is safe to say someone can have a close to 100% return. Maybe in a few months, quite possibly in a few days as I'm sure the dump starts before the 29th of this month. Graeme

To: Roger A. Babb who wrote (17208)	1/26/1999 9:05:00 AM
From: Mama Bear	Read Replies (3) \| Respond to of 18691

Roger, I agree that IMON is a good short. It reminds me of the frenzy in May with CFON. Yesterday may well have been the peak, but it's wise not to bet the farm on it. Another concern is that Waterhouse told me it's on the Fed no margin list, and it has been reported that Schwab has told people the same. There were reports that trades were being bought in yesterday because of this, and that's why it was so strong. I'm surprised that the NM flag hasn't popped up on Datek. I'll pass on going to the IMON thread. I'm amazed at the things people will believe. TRBD has halted trading pending investigation by EASDAQ for publishing materially false press releases, and has been notified by Nasdaq of an intent to be delisted. There are folks who are actually posting that the shorts should be scared because they can't cover. ?!? Any short who's lucky enough to be holding a TRBD short and that's doing anything but popping champagne shouldn't be shorting. Barb