Roger's 1998 Short Picks 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 : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: clochard who wrote (6695)	4/10/1998 8:58:00 PM
From: Funda	Read Replies (1) of 18691

Forget Yahoo and look at AMD << YHOO is a ponzi scheme which will crash one day without warning, and Crawford needs to realize that the rest of us on this thread are not comfortable with a long position.>> Although Yahoo looks overvalued by conventional yardsticks, it is definitely not a "ponzi scheme". They have been the one Internet company that have been very focused about what they are doing and concentrated on being good at what they do. I mean most of us use the Yahoo financial page, because it is one of the better ones right? They have also been very good at exploiting the success of their site with schemes such as the Yahoo credit card etc. Now they are selling insurance, which sounds like a good idea. And they have growing revenue and growing earnings on their side. The point here isn't that nobody should make posts here from the perspective of being long. An argument for a long, if valid can save a short money and hence should be looked at on merit. Another thing I have seen over and over again is that overvaluation alone does not make a good short. As Roger pointed out in one of his posts, in this kind of a (bull) market, if you want to play short, broken stocks are our best bets. I think AMD is a good short right now - they have never delivered a profit for as far back as I can remember and they have failed Wall Street consensus estimates quite often. They are a laggard in the CPU market and have almost always been behind Intel, despite claims to the contrary. Even when they have appeared to have an advantage, they haven't been able to deliver. During the 486 to Pentium transition they hyped the K5, but it was hardly a success (revenue wise or technically). Today it's the same hype about the K6. I bet Intel wins this round again with the Pentium II. Plus AMD's fundamentals don't look too good. Definitely overvalued with no great prospects for the future IMO. Funda

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next