eToys Inc. (ETYS) Message Board

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Technology Stocks : eToys Inc. (ETYS)

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To: Cornstock who wrote (860)	12/21/1999 2:47:00 PM
From: David R	Read Replies (1) of 1330

It would have been a fantastic investment at $58 two weeks ago. Now, I am not so sure. The problem is not knowing what the investment community is looking for in terms of holiday sales. With etys pathetic revenues, almost anything is positive, and given the wild instability of web stocks, this pup could easily do a +$30 swing on what is really bad news (but looks good on the surface). On the other hand, in the long-term etys is a sure loser (IMO). History has shown that over-valued net stocks should only be shorted as they reach new record highs. Never short this far into a decline. YHOO, on the other hand, is pushing through $400 a new record high. If it reaches $420, then it should be the last best short of the year.

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