Bill Wexler's Profits of DOOM Message Board

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

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To: Bill Wexler who wrote (788)	5/8/1998 11:08:00 PM
From: Bill Harmond	Read Replies (1) of 4634

>>ATHM is not a scam, but it is absurdly overvalued. I have no doubt that the stock price will eventually collapse. Zzzzzzzzz Hey, Bill! Hope your continued bearishness on @Home helps us longs as well as it has for Yahoo so far. [prerequisite jab] If you are really short @Home here, I suggest you investigate covering. It is very strong technically because of this impressive breakout. Broken triple tops are wonderful and rare. A good example is YOu-knOw-wHO last June and December. If you read notes on the company during the past few days, they are adding subscribers at a faster rate than the host MSO's are upgrading systems. Organic growth is very robust and since they passed 100,000 subscribers neighborhood word-of-mouth is snowballing. In addition, @Work is now 45% of revenues...indicating penetration into business customers is very strong. Also, can you spell m-o-n-o-p-o-l-y f-r-a-n-c-h-i-s-e? I wouldn't let this one get away from you. It may be expensive, but that's not holding the stock back. It's that land-grab thing redux.

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