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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 (17268)	1/30/1999 11:00:00 PM
From: Peter Goss	Respond to of 18691

Roger - Your RACE short looks like a good idea. Two questions: Is their technology any good and can you find shares to borrow? Thanks, Peter

To: Roger A. Babb who wrote (17268)	1/31/1999 10:35:00 AM
From: BDR	Read Replies (1) \| Respond to of 18691

Re:RACE Roger do you know what has driven their 150% rise in stock price since 1/1/99? There have been only a few news releases. Any hint of an improvement in the revenue picture? With their recent S-3 containing the following it is hard to understand the enthusiasm: "Our independent auditors have included an explanatory paragraph in their report covering the June 30, 1998 financial statements which expresses substantial doubt about our ability to continue as a going concern. The explanatory paragraph notes that we have suffered recurring losses and incurred negative cash flow from operations during fiscal 1998 and fiscal 1997."