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Strategies & Market Trends : Roger's 1998 Short Picks
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To: Don Westermeyer who wrote (18169)5/20/1999 12:24:00 PM
From: TAPDOG  Read Replies (1) of 18691
 
COVD also releasing lockup early. It's down about 5. MKTW and TSCM and IVIL are weak. It seems like the market is not favoring net stocks that don't sell anything. The auction sites still seem to be in favor, at least for now.
I shorted MKTW at 72 and took profit at 56, the old low. This is one of my very few profitable short internet trades. Now I'm waiting for the break in PCLN and EBAY. How much more than $25 billion can they be worth?
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