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


To: bob s who wrote (18124)4/26/1999 12:52:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 18691
 
I have been reading Peter Lynch's "Beating The Street", his second book. He is talking about his days at Fidelity where he kept finding exciting new companies and selling old holdings to jump into something new.

That's the way the Internuts are now. You can discard the losers and buy the new up and comers with the same momentum money which CREATES the new winners. It's a win-win circle for the long side. Shorting is a guerrilla operation at best.

Like Kosovo, this could go on for a long time.