Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: larry who wrote (16217)	12/20/1998 10:40:00 AM
From: Tom Hua	Read Replies (1) of 18691

EBAY has no chance to drop below 200 before New Year, let alone 70. Larry, I agree that it won't drop below 70 before the new year, did you see the <g> in my comment? But I wouldn't say it has no chance to drop below 200. Bottomline is, shorting internet stocks has proven suicide pills to short sellers in 98 and will continue to do so in 99 for some time until something triggered a dramatic sentiment change toward this whole sector. Actually, a lot of people profited handsomely by shorting internet stocks, especially the second tier ones, in the summer of 98. In early Oct, many of these stocks have lost 75% from their peaks. My guess is the sector will collapse when numbers for Q1/99 start to come in. Regards, Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next