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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Lucky who wrote (17645)	3/12/1999 11:23:00 AM
From: Kailash	Read Replies (1) \| Respond to of 18691

It's actually looking pretty nasty for inuts. Haven't seen this in a while. A "correction" in this sector is so overdue it's a joke. What would be cool is if we stop shy of 10,000 just like we did yesterday and have done so far today and get a massive drop. It will leave poor souls a sense of "imperfect enjoyment" - the climax just didn't come, the promised land remains a dream. But 8,000? I'm looking for something more beefy - a target of 5,000 say, though it could take a year or so. I'm intrigued by the idea it could be triggered by MSFT - I do think poor results from them would really mark the end of an era. Did you notice Orcl cited the rise of Linux as a reason for poor results? There's a big momentum going for Linux to move into the desktop area. I'd love to ditch my windows and tell myself I'm also bringing down the bully on the corner and the biggest bubble in market history to boot. May you live in exciting times. Kailash

To: Lucky who wrote (17645)	3/12/1999 2:03:00 PM
From: larry	Read Replies (2) \| Respond to of 18691

This is just typical MSFT announcement. Think MSFT will miss first call? betting Demi Moore winning a best actress Oscar is a better bet than that, although the chances of Demi winning is less than 0.0001%. MSFT will beat, and the question is by how much they will beat. I am surprised at these talks of DOW going down to 8k, 5k etc on this board. That's why you guys don't score triple digit gain yearly. if you want to short the market, focus on the real trash issues and then you can have a winner. MSFT is the only issue that can report any number it wants. If they had reported all unrecognized revenues, their EP estimate for the current year would be $4.50 instead of $2.65. Get real, man. BTW, MSFT should see a new high either on March 26th or 29th. It's time to buy the stock or April call options when the issue is still cheap. larry!