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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Roger A. Babb who wrote (15727)11/24/1998 3:17:00 PM
From: Hank  Read Replies (2) of 18691
 
Roger,

Did you happen to notice that the last two news releases on ATHM were about competitors entering the cable internet market and yet the stock sky rockets? This rally is even more insane than than the last one. Even more disturbing is the fact that everyone on this thread is now following the Pie Eyed Piper and blindly following suit by buying the internuts. I don't blame anyone for not wanting to short these beasts but going long just for the sake of going long is equally stupid IMHO. Might as well take a trip to Las Vegas instead. At least the drinks there are free. If this isn't a sign of another major sell off, then I don't know what is. I'm going to start my own internut company and bring it public- Hank Online. It will just be me, my dog, and my cat in front of a live video cam but I'll cater to e-commerce by allowing advertising. I'll also sign autographs via my notepad by downloading to the white board for a small fee. Do I hear $100.share? I expect to be profitable sometime in the year 3000.

Hank
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