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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: John Lacelle who wrote (5051)8/7/2001 7:50:46 AM
From: Art Baeckel   of 6873
 
HOMS

07:31 ET eBay (EBAY) 63.50: Announces acquisition of HomesDirect, a Web-based provider of
foreclosure-related real estate auction services.

07:25 ET Homestore.com (HOMS) 27.42: WSJ article discusses valuation argument raging between HOMS bulls
and bears. Article uses Merrill's Henry Blodget to make the bear case following his recent downgrade of the stock to
Accumulate, based on concerns that company's exclusion of items such as stock-based marketing costs makes the
stock "more expensive than it looks."

ART
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