Tulipomania Blowoff Contest: Why and When will it end? 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.

Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?

YHOO 52.58

0.0%

Jun 26 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Dog who wrote (740)	1/19/1999 5:59:00 AM
From: KeepItSimple	Read Replies (2) of 3543

1. Whatever date amazon releases earnings. And here's why: Guys, has it occured that Amazon might be getting ready to "throw the fight" on the 22nd? Everyone know this bubble is getting dangerous. Hell, it's already dangerous. People are commenting on how the fed is jawboning the market, and the internet stocks are like an infectious disease that's starting to make the rest of the market crazier. Tightening margin requirements hasn't done any good, the speculators keep bidding these things up. Splitting 2:1 instead of 5:1 only made Yahoo correct a little bit- it's still worth about 1000 P/E. What the internuts need is one quarter of bad numbers. Amazon has already warned their losses would be bigger than expected this quarter, even though their revenues were up big. Have you noticed not a single analyst has lowered their estimates yet? This time last quarter they were coming out of the woodwork, with about 5 downward revisions in the 6 days before the release. This time, nothing. Amazon needs cash, and they know they'll never float a secondary with their shares currently trading around 600 dollars pre-split. I honestly think they're going to be trading at around 60 dollars within 3 days of their quarterly report. I think they'll "miss" analyst estimates by a huge margin due to extremely high costs for overtime workers during christmas.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next