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Strategies & Market Trends : Roger's 1998 Short Picks

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To: put2rich who wrote (14031)9/24/1998 1:16:00 PM
From: UFGator93  Read Replies (1) of 18691
 
thanh,

Latey, it seems any IPO having to do with the internet jumps at an unbelievable pace the first few days of trading. So, people are probably buying EBAY for whatever it costs, anticipating it going up over the next few days. I would personally never touch something like this one.

I'm sorry, I don't follow YHOO very closely. While I think AMZN is going to sink rapidly rather soon, I'm afraid that YHOO might be able to stay at its high valuation until the market downtrend continues. ATHM is the only position (puts) that I currently hold.

Damon
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