Bill Wexler's Profits of DOOM 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.

Strategies & Market Trends : Bill Wexler's Profits of DOOM

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Harmond who wrote (42)	2/23/1998 11:02:00 AM
From: Bill Wexler	Read Replies (2) of 4634

<<Just because a company is currently losing money is no reason to short it.>> It's also an excellent reason not to buy it. Particularly if it is trading at a multi-billion market cap and hasn't even been in business for 2 years. Sorry if I don't buy into this "new paradigm" B.S. but I've been taught that it is usually a good idea to wait till a company has a good earnings track record before ponying up the cash. I invite you to check my long portfolio in my profile. All these companies were bought long after they had established healthy revenue and earnings streams. My poorest performer so far has been FTR, where I've only made 9x on my initial investment (not counting dividends). Investors who are now paying $3.6 billion for AtHome, $3.6 billion for Yahoo, etc. are in for a rude awakening. It's only a matter of time.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next