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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Hank who wrote (9627)6/3/1998 9:32:00 PM
From: John Stockman  Read Replies (1) of 18691
 
Just got done reading the Internetweek magazine.
On the front page they have seven members of the
L0pht Heavy Industries, who told a Senate Committee
that they could take down the internet as we know
it, in less than 30 minutes. It's that vulnerable.

Just imagine what would happen to every internet stocks
value if even half of our current system stopped working
and fell into manipulative hands? Not to mention all the other
problems of sending data from coast to coast and inbetween.
Who needs a financial crises when we can have a digital
one. It will make the asia crises look like a cold.

It is also very evident that all Internet stocks similar
to Yahoo will continue to fall for the next few months.
Not worth holding for the rest of 1997.
The party is over and the stock investors headaches are
now beginning. Yahoo will be in the 90's soon, and lower.

Damn glad I'm short, and making money now. Keep on falling.
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