Autobytel (ABTL) - Buy Autos online Message Board

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Technology Stocks : Autobytel (ABTL) - Buy Autos online

ABTL 7.020

+0.3%

Oct 6 4:00 PM EDT

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To: Bill Ounce who wrote (574)	4/4/2000 3:14:00 PM
From: flyboy	Read Replies (1) of 594

True that the Nasdaq is highly overvalued but in realistic terms it is always better to buy low and sell high. It is quite possible that the Nasdaq will drive the share price of ABTL down...But if you short the NAS100 and go long ABTL in the drops it will be profitable. This is a company that is growing revenue at a really fast pace. MSFT is highly out of whack in price as is CSCO and other Nasdaq 100 stocks. Be real! ABTL in the next few months will outpace the Nasdaq. There is the worry that a continuing drop in the Nasdaq will result in a depression which would be bad for all stocks. MSFT is highly speculative here and quite dangerous for the world markets. The reason that there was even an antitrust lawsuit is because there was an unfair advantage and a limit to development and competition in the markets that MSFT was in. There is no way that MSFT will be able to increase margins if there is strong competition. Given the cash, breakup value, and P/E MSFT is hidiously lofty here as are many other high flyers. One must put there money where there mouth is. I do!

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