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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: pater tenebrarum who wrote (63271)9/21/1999 12:42:00 PM
From: McNabb Brothers  Read Replies (1) of 86076
 
heinz,

I think Blodget got lucky with his AMZN $400 price target call and since, everyone thinks he is God of the internets. I will have to take up for him on one thing he points out and that is, he continues to tell people they should have no more than 5% of their portfolio in the internet stocks. I believe if everyone really did what he said the internets would fall like a rock, for I believe their are a number of people that have 100% plus what they can borrow on margin in the internets. If and when we correct they will be the people that will be hurt in a major financial way!

Hank
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