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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15222)11/9/1998 4:23:00 PM
From: larry  Read Replies (1) of 18691
 
Roger,

Well, I would rather that you short AMZN instead of YHOO! because that will make better sense. I don't want to argue with you that all these inernut issues, including EBAY!, are vastly overvalued. However, we have held this discussion for lots of times and basically I don't see the YHOO! tulip crashing for some time. But certainly I can see that this issue can lose 20-30 points in one day. But as long as lots of people believe in the YHOO! story, it will recover soon. I suggest that traders use major weakness in YHOO! as entry point for some terrific gains in a very short period of time.

larry!
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