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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Michael Berkel who wrote (9052)12/29/1997 11:42:00 PM
From: Roger A. Babb  Read Replies (3) of 9285
 
Michael, I look at insanely over priced stocks in the reverse of your logic. It is not that we should look for the event that will bring them down, price alone will do that. The question is: What event can generate the earnings and revenues adequate to support their price and how likely is that to occur? For yhoo and amzn, not very likely.
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