Anthony @ Equity Investigations, Dear Anthony, Message Board

STOCKTALK

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Nazbuster who wrote (29848)	4/13/1999 9:37:00 PM
From: J.Y. Wang	Read Replies (2) of 122087

<NTBK> <FLBK> I wouldn't have guessed last week (because I was too busy being bent over by EFAX and TUNE), but I guessed right this week. The market is changing for the worst. Whatever the absolute maximum you think a POS can be worth in a mindless speculative frenzy, triple it. For example, I thought EFAX would go down to 10 because that's the maximum a POS like EFAX would be worth in this market. Triple that and it's 30 -- about right. Same with DLIA, AMTD, and others. I would just advise everyone here to be very careful about shorting anything right now. Just when you think something is an obvious and blatant POS and can't be worth more than $5 in market cap., it might be go to a few hundred million or a few billion. It is very, very difficult to predict a peak for stocks these days.

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