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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (14666)10/19/1998 3:38:00 PM
From: Kevin Podsiadlik  Read Replies (1) of 18691
 
Dale, RNWK has huge loss and less than $60 million in revenue to support a $1 billion market cap.

<sigh>

YHOO 1997 revenues: $67 million
YHOO 1997 net loss: $23 million
YHOO market cap, Oct 1997 (pre-"crash"): over $2 billion
Bear case: see above

Wrong in 1998. Why right in 1999?
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