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Strategies & Market Trends : Roger's 1998 Short Picks

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To: JOHN CHEN who wrote (11844)7/22/1998 7:02:00 AM
From: Mike M  Read Replies (1) of 18691
 
<<AMZN will rise for sure on Wednesday because of a stock split announcement>>

John, stocks fool most of the people most of the time....that is the only thing that is for sure....Splits are only helpful when the bulls are fearless....they add absolutely no value to the stock....We will see...

Your analysis may be correct, but we are in no support land...anything goes for these internet bubbles, but I believe that the exit door is going to be jammed and believe the panic could well start today.....

Babies and the bath water......

Regards,

Mike
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