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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Bill Wexler who wrote (8190)12/12/1997 8:35:00 AM
From: Timoteo  Read Replies (2) of 9285
 
Bill: YHOO/AOL- I am still cautious on these stocks. I believe both are ridiculously overvalued, but many innvestors are valuing these stocks in "non-traditional" ways, like $ per subscriber for AOL. I don't believe them, but that doesn't matter as long as they are willing to put their money where there mouth is. That said, I think YHOO is the better short. MSFT just upgraded their browser and with their and Netscape's improvements, YHOOs product becomes decreasingly relevant.

Timoteo
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