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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Lazlo Pierce who wrote (10281)6/18/1998 9:13:00 PM
From: Peter V  Read Replies (1) of 18691
 
Looks like our favorite stocks to marvel at (and swear at when they defy gravity for as long and as well as they have) seem to have deflated a bit today. The YHOO news is about damn time. THe $64,000 question is, what effect will the news have on the incredible internet high-fliers? Short-term blip, or the much-awaited run for the exits?

I'll go out on a limb, with no basis for this wild ass guess, and say that AMZN will be back to 40 within a month. Anybody else want to throw their guess in here? Please, no analysis, AMZN is hopelessly overvalued, we all know it. Just a guess about the longer-term effect of IOM and YHOO getting hit tomorrow.
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