Strictly: Drilling and oil-field services Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Strictly: Drilling and oil-field services

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Perfect Hedge who wrote (6075)	12/24/1997 1:17:00 PM
From: Rich B.	Read Replies (2) of 95453

Hey Glen, How about Amazon.com for a short. In contrast to one of my holdings (fgii), Amazon is expected to show a loss of at least 1.00 the next 2 years. FGII figures have been as high as 3.?? in 99', as they get up to full speed.( This is clearly too much money for one company to generate and manage responsibly. If they could sell rigs over the internet and show a loss the stock price would go skyhigh. ) I believe there are many short opportunties around, trying to narrow a few of my selections down. The market as a whole is shakey, asia crisis, slowing domestic growth. I think the year ahead will be interesting. Forecast for S&P earnings growth in 98' is somewhere around 14% while last weeks S&P P/E is 24. Merry Christmas,RB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next