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Technology Stocks : Roaring Internet Stocks

YHOO 52.58

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Jun 26 5:00 PM EST

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To: nikko who wrote ()	11/27/1998 3:46:00 PM
From: Shoe	of 1530

A retailer with an internet sales site, and still below book value? How about a company sell jewelry, electronics, toys, etc., attempting a turnaround, with website sales and revamped stores -- with sales over $3 billion per year and a market cap of about $112 million? Do your own due diligence on SME (www.servicemerchandise.com) -- the business has had problems, and maybe it is not worth more than about 1/75th of EBAY (based on today's price of 1 1/8). But what would happen in this market if the management happened to put out a press release touting the bargains on its website? -- Shoe (long SME, short EBAY)

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