Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: McNabb Brothers who wrote (16877)	1/11/1999 7:23:00 PM
From: Timoteo	Read Replies (2) of 18691

EBay short- I went short EBay today. The volume is low and it seems to be unable to put together any momentum since its big one day pop. At $11.5 billion, I think this is the ripest of the internets. It's also too expensive for a buyout. Other auction companies are improving their sites; while EBay's is the best it is very slow (I've been using it). If any of the first or second tier companies get interested, watch out. In a few weeks there will be a HUGE share unlock, at least 25 million shares, about the same time Greenspan testifies before Congress. The only wildcard besides internutmania is earnings, though in their filings they say that the Xmas quarter is traditionally slower. On a more thoughtful note, the 5 CMGI calls I bought for $8K and sold for $7K a few days later are now worth $75K. How many times have I complained about my timing:). Best, Timoteo

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next