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Technology Stocks : HOMS Homestore.com

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To: UFGator93 who wrote (268)6/7/2001 11:59:39 AM
From: Dale Baker  Read Replies (1) of 505
 
The key to HOMS is their relationship with CD, which owns most of those realtors and pays their fees. The other key is the amounts due to AOL.

CD pulling back or AOL putting on the screws - either one would probably pull the rug out from underneath this financial house of ice cream sticks. The retail rates and usage are irrelevant in comparison. Conversely as long as CD and AOL stay behind HOMS it can go on for a long time without looking BK yet.

I have no position but certainly wouldn't go long. I would love a new spike to mid-30's to short again.
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