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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote ()7/15/1998 8:16:00 PM
From: Michael Bakunin   of 4634
 
It was a tough day; ITEX dropped to near 3 (from a close over 6, and from approaching 5 when I posted exchange2000.com. I am very disappointed that the hype has faded already -- I was hoping for a K-tel, but I guess Itex isn't advertising on Yahoo yet.

Oh, wait, they started in May: biz.yahoo.com

Alack. I no longer recommend shorting this one: the business model fails to be abysmal, the convertible overhang could be larger, and there's very little possible hype left.

too bad,

mb

PS-
Nobody wins a flame war.
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