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Non-Tech : Auric Goldfinger's Short List

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To: John Lacelle who wrote (7861)6/2/2001 1:07:48 PM
From: Sir Auric Goldfinger  Read Replies (1) of 19428
 
HOMS a ridiculous valuation. Big Mo's buying because of perceived revenue growth, implied future earnings gains. Not sure that the revenue sources add up and the product itself does not sell houses, it just induces people to take a closer look. There is nothing proprietary about what they do. There are probably better short term shorts and there are tons of stocks I'd rather own. Probably a $5 stock in a year when the financials don't quite make Street expecations. It is an all beta (B=2.75) and no alpha stock (just a schmo stock that gets bought when fools feel like humping something. Translated it will bite you until it doesn't and then it shall, like every other failed dot communism stock, slide into oblivion.

Hope this helps.
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