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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Tom Hua who wrote (16158)12/17/1998 12:08:00 AM
From: Peter V   of 18691
 
Tom, I love this quote from your cited post:

<<AMZN could have "earnings-per-share of $10 within five years.">>

So that would give them a PE of 30 at their present price, FIVE YEARS FROM NOW. I know the market looks forward, but this is absurd. Actually, shorting near 300 may be a good thing, at least in the short term, as it may be a psychological barrier. Good luck.
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