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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Don Westermeyer who wrote (8520)12/17/1997 6:54:00 PM
From: Michael Berkel  Read Replies (3) of 9285
 
Don and other AMZN followers: there is an interesting article in Fortune Magazine, a panel discussion focussing on information technology. Analysts (Mary Meeker from Morgan Stanley is one of them) are heavily touting AMZN, like they have a million shares in their backyard which they need to unload. All predict huge future business for AMZN and other Internet related commercial companies. This is one of the reasons YHOO keeps on running without looking back.
Take a look and let's discuss it here:
pathfinder.com

Maybe we should wait a while until all the Fortune readers have purchased AMZN, before we short. Articles like these tend to have some effect on the direction of the stock.

Michael B.
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